Michigan health insurers propose higher 2015 rates

By: Associated Press
By: Associated Press

LANSING, Mich.--- Most people buying their own health insurance in Michigan could see near double-digit premium increases next year.

State insurance regulators said Wednesday that Blue Care Network and Blue Cross Blue Shield want to raise rates by an average of 9.3 percent or 9.7 percent in 2015. The rate hikes are subject to change pending state and federal government approval.

Blue Care and Blue Cross sell policies to about three-quarters of 245,000 Michigan affected residents who purchase their own insurance - either through a website created under the federal health care law or elsewhere.

Humana is the insurer with the third-most customers in Michigan's individual market and seeks an 18 percent rate increase affecting 16,000 customers.

Tax subsidies make insurance more affordable for many customers shopping on the federal marketplace.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WNDU - Channel 16 54516 State Road 933 South Bend, IN 46637 Front Desk: 574-284-3000 Newsroom: 574-284-3016 Email: newscenter16@wndu.com
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 264627001 - wndu.com/a?a=264627001