Blue Cross Affordable Care Act Rates To Rise

Members enrolled in Blue Cross of Northeastern Pennsylvania’s Affordable Care Act plans will see their premium rates rise by an average of 6.9 percent in 2015.

Officials for the Wilkes-Barre-based insurer declined to specify how many members are covered by its Affordable Care Act plans. Its website shows 12 available 2014 “Blue (Affordable Care Act) Metal” plans.

“The increases are necessary to meet the coverage requirements, including essential health benefits, of the (Affordable Care Act) and to keep up with the cost of care for members in our ACA products,” said Anthony Matrisciano, spokesman for Blue Cross of NEPA, which has about 550,000 members across 13 counties.

The increase, effective Jan. 1, comes amid a state Insurance Department review of Highmark Inc.’s proposal to acquire Blue Cross of NEPA. It’s one of two rate hikes submitted by the insurer that received approval from the state Insurance Department.

Read more: http://citizensvoice.com/news/blue-cross-affordable-care-act-rates-to-rise-1.1789100

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