Colorado health insurers are asking to charge customers in the individual market nearly 27 percent more on average in premiums next year, the state Division of Insurance announced Friday.
The division must still review and approve the requests — after receiving public comment. But insurers can back out of the market if the state doesn’t OK their premium hikes. . .
Cigna, which is requesting the largest rate increase at 41 percent, said Colorado’s market turned out to be, “more adverse than assumed in the current rates,” meaning it had cost more for the company to provide coverage than expected.
http://www.denverpost.com/2017/07/14/co ... -increase/
Colorado health insurers seek 27 percent premium increase
Re: Colorado health insurers seek 27 percent premium increas
I hope the Senate healthcare bill would allow people to get insurance in any state. So consumers could shop around the country. That should help to lower costs.
Everybody Knows The Dice Are Loaded. Everybody Knows The Good Guys Lost.
Re: Colorado health insurers seek 27 percent premium increas
CALM DOWN!
This is just a minor one time adjustment in rates.... oh wait, that is what the story was last year.
BUT Everything is FINE. Remain Calm subjects and peeps!
This horror story is almost like staring at all the buildings in town burning down and nobody bothers to call the fire dept.
Remain Calm...Birdbrains!
This is just a minor one time adjustment in rates.... oh wait, that is what the story was last year.
BUT Everything is FINE. Remain Calm subjects and peeps!
This horror story is almost like staring at all the buildings in town burning down and nobody bothers to call the fire dept.
Remain Calm...Birdbrains!
Orange Man BAD!