Alabama residents will see their rates increase by up to 71% in the next year! Rate increases will occur over a wide range for each insurance plan under Blue Cross Blue Shield, as shown in the table below:
|Plan||2016 Increase||Projected Member Months|
|Blue Choice Platinum||71%||62,900|
|Blue Access Gold||54%||137,000|
|Blue HSA Gold||37%||11,800|
|Blue Value Gold||30%||4,200|
|Blue Secure Silver||24%||338,000|
|Blue Saver Silver||6%||47,800|
|Blue Value Silver||27%||1,286,400|
|Blue Saver Bronze||8%||206,000|
|Blue HAS Bronze||4%||40,000|
Each of these groups has claimed increased medical costs as the reason for the increase but have not provided any publicly accessible data to support this claim.
UnitedHealthcare has also requested to increase their average rate by 24.6% next year with some plans seeing an increase as high as 56%. Each of these groups has claimed increased medical costs as the reason for the increase but have not provided any publicly accessible data to support this claim.
The Centers for Medicare & Medicaid Services recently published the rate increase requests from Blue Cross Blue Shield of Alabama and UnitedHealthcare. This organization is required to review any rate increase request above 10% under the Affordable Care Act. The final deadline for filing a rate increase request is Tuesday so these rates are not yet set in stone. See the rates for yourself
(click “Search ACA-Compliant Products”).