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Insurers, Pushing for Higher Rates, Challenge Key Component of Health Law
The New York Times; subscription may be required Link to more items from this source
July 18, 2016
"Federal officials defer to the insurance commissioners in 46 states deemed to have 'effective rate review' programs. But in Missouri, Oklahoma, Texas and Wyoming, the federal government is in charge of reviewing rates.... In Texas, Blue Cross and Blue Shield is requesting rate increases of nearly 60 percent for 2017. In Oklahoma, Blue Cross and Blue Shield has proposed increases that average 49 percent. And in Missouri, Humana has filed for a 34 percent increase. All three carriers say they have lost money on many policies sold to individuals and families under the [ACA]. Such large requests are not typical and will test the rate review process[.]"

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