5 things to know about rising insurance premiums

Data compiled by the Health Research Institute at PwC has found wide variation in publicly reported premium increases across insurance exchanges in 29 states and D.C. for 2015.

Here are five things to know about the rising insurance premiums:

1. The average national premium increase was 8.2 percent.

2. Of the states with full premium rate data available, Indiana has the highest proposed increase, with an average premium increase of 15.4 percent.

3. Insurance premiums will increase an average of 10.01 percent to 15 percent in 8 states: Arizona; Arkansas; Iowa; Kansas; North Carolina; Tennessee; Vermont; and Virginia.

4. Insurance premiums will increase an average of 5.01 percent to 10 percent in 8 states: Connecticut; Florida; Georgia; Maryland; New Mexico; New York; Nevada; and Washington.

5. The average monthly premium, without subsidies, across all states was $385.

More articles on insurance premiums:

10 key policy issues facing healthcare
10 states with best, worst health ROI 
HHS: Consumers save $9B in premiums under PPACA medical loss ratio rule 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Articles We Think You'll Like

 

Featured Whitepapers

Featured Webinars