Health Insurance Plan Rates Stabilize, Offer More Choice for Consumers Despite Federal Government Sabotage
Insurance Commissioner
The individual and small group insurance markets have been subject to intense and deliberate sabotage by the federal government in the past year, including: the elimination of cost-sharing reductions, shortening of the open enrollment period, slashed federal funding for outreach to consumers, the elimination of the individual mandate, and the continual threat of the repeal of the ACA, which has created instability and uncertainty for insurers and consumers.
"Despite these efforts, under the leadership of Gov.
The health insurers that currently sell in
Many consumers will also have increased choice: as filed, 31 of
Altman attributes the minimal increases to
The department also worked to make coverage more affordable for more consumers by mitigating the number of individuals subject to premium increases when the federal government eliminated cost-sharing reduction reimbursements. As a result, 396,725 Pennsylvanians selected health plans on the exchange in 2018, only a small decline from the previous year.
"Our review of the requested rate changes shows that the health insurance market in
Rate filings for 2019 health insurance plans were submitted to the
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