ACA insurers get bigger premium hikes than requested

John Gregory | | Health Exec | Economics

In eight states, insurance regulators approved increases in health insurance premiums for Affordable Care Act exchange plans above what companies asked for, according to an analysis in USA Today.

In Pennsylvania, for example, insurers requested an average hike of 24.4 percent, but were given a 32.5 percent hike by the insurance regulator.

“These rate increases make it clear that Washington needs to move swiftly to address consumer needs under the Affordable Care Act," said Pennsylvania insurance commissioner Teresa Miller.

Similar scenarios played out in Arizona, Colorado, Florida, Georgia, Kansas, Minnesota and Utah.

For more on why regulators gave insurers more than what they asked for, click on the link below: 

Regulators approve higher health premiums to strengthen Obamacare insurers

""
John Gregory, Senior Writer

John joined TriMed in 2016, focusing on healthcare policy and regulation. After graduating from Columbia College Chicago, he worked at FM News Chicago and Rivet News Radio, and worked on the state government and politics beat for the Illinois Radio Network. Outside of work, you may find him adding to his never-ending graphic novel collection.

Related Content

Report: 44% of adults in the U.S. are uninsured or underinsured
Q&A: MedAxiom CEO explores key trends in cardiologist, cardiovascular surgeon compensation
Cardiologist demand is on the rise—can hospitals keep up?
Cardinal Health scoops up two companies for $3.9B
UnitedHealth defends $3.3B Amedisys acquisition
DOJ sues to block UnitedHealth’s $3.3B acquisition of home health giant

Around the web

Cardiovascular Business
Q&A: MedAxiom CEO explores key trends in cardiologist, cardiovascular surgeon compensation

Compensation for heart specialists continues to climb. What does this say about cardiology as a whole? Could private equity's rising influence bring about change? We spoke to MedAxiom CEO Jerry Blackwell, MD, MBA, a veteran cardiologist himself, to learn more.

Cardiovascular Business
Payment cuts and beyond: Key takeaways for cardiologists from the 2025 Medicare Physician Fee Schedule

The American College of Cardiology has shared its perspective on new CMS payment policies, highlighting revenue concerns while providing key details for cardiologists and other cardiology professionals. 

AI in Healthcare
A modest proposal to rally AI regulators around a simple game plan

As debate simmers over how best to regulate AI, experts continue to offer guidance on where to start, how to proceed and what to emphasize. A new resource models its recommendations on what its authors call the “SETO Loop.”