Obamacare Premiums to Surge Next Year, Early Requests Show

The first glimpse of what health-insurance companies plan to charge for Obamacare plans next year suggests there’s no relief ahead for consumers saddled with high premiums.

Several insurers in Maryland and Virginia are seeking double-digit percentage increases in monthly costs for individual medical plans in 2019. The largest increases are being sought by CareFirst, which wants to nearly double the amount it charges on average for one coverage option in Maryland, and raise the cost of another in Virginia by 64 percent.

Virginia and Maryland are the first states where 2019 rate requests have been made public. Increases are anticipated across the U.S. as insurers continue to grapple with the aftermath of last year’s battle to overturn the Affordable Care Act.

Many health plans have stopped selling health coverage through the exchanges created four years ago under Obamacare. The Republican-led attempt to overturn the health law last year caused premiums to surge, as insurers expected that undoing the law’s requirement that all Americans have health insurance would leave them with a smaller and sicker pool of clients.

The repeal effort ultimately failed, but the Trump administration overturned the penalty for going without insurance, and opened the door for insurers to sell cheaper, skimpier plans.

Comments

Privacy Policy

Obamacare Premiums to Surge Next Year, Early Requests Show is dedicated to protecting consumer privacy on the Internet. Our practices are consistent with privacy guidelines established by eTrust.com.

Obamacare Premiums to Surge Next Year, Early Requests Show does not require any personal information to obtain access to our website.

Obamacare Premiums to Surge Next Year, Early Requests Show does require limited personal information including name and mailing address from individuals wishing to join as members. Additional information such as e-mail address and phone number may also be requested in order that we may contact members in a timely manner on issues related to our mission.

You will only receive e-mail from us if you request to be added to our e-mail list. You may revise or remove your e-mail address from our files at any time.

Obamacare Premiums to Surge Next Year, Early Requests Show uses "cookie" technology to obtain non-personal information from our online visitors, such as browser/computer type, number of visitors, and site usage. We do not use cookies to extract personal information.

Our website contains links to other sites, but Obamacare Premiums to Surge Next Year, Early Requests Show does not necessarily advocate, support or condone the privacy practices or content of these websites.

Obamacare Premiums to Surge Next Year, Early Requests Show makes all information received from our online visitors as secure as possible against unauthorized access and use. All information is protected by state-of-the-art security technology.

Obamacare Premiums to Surge Next Year, Early Requests Show respects the individual privacy rights and concerns of visitors to our website. We support meaningful self-regulation of the Internet to ensure that responsible organizations maintain the right to use all communications media to interact with the public.