Blue Cross Blue Shield of Michigan Puts Forward Very Small Rate Increases for ACA Marketplace Health Plan Rates for 2019 Open Enrollment
To promote stability in the 2019
Premiums for 2019 plans represent the smallest increases to Marketplace health plans since the start of the ACA market in 2014. The Blue Care Network plans - representing 90 percent of total individual product enrollment in 2018 - will experience a very small average increase of only 1.1%. BCBSM PPO plans have a relatively small increase as well, an average of only 4.2%
"We continue to advocate for policy improvements in the ACA that promote long-term affordability and market sustainability," said
"While the health care landscape continues to evolve at a national level, we're looking forward to maintaining a variety of health plan options to meet the needs of all those impacted by these changes in regard to both access and affordability," said
Health insurance rate moderation in
These efforts include the company's value-based reimbursement programs with providers, the nation's largest Patient-Centered Medical Home initiative and more than 25 other Value Partnerships programs designed to improve the efficiency and quality of care, directly saving more than
Several factors contribute to premium increases within
Offering a variety of plan options - 28 total plans across Gold, Silver, Bronze and Catastrophic levels -
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