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Feds release Pa. insurance premium rate change data
Heather Stauffer//November 17, 2014//
Listen to this articleThe Centers for Medicare & Medicaid Services released the data late Friday, in advance of the Obamacare marketplace open enrollment period that began Saturday and so far appears to be proceeding without major glitches.
The data includes plans inside and outside of the Obamacare marketplace and “does not take into account tax credits that will make premiums more affordable for the majority of consumers,” CMS said.
For Pennsylvania, the data shows individual plans with an average premium increase of 2.31 percent, and small-group plans with an average premium increase of 3.19 percent. Those numbers include both old and new plans and exclude plans marked as terminated and a handful of results listed, apparently in error, as 999-percent rate decreases. Including those results, the averages are an individual decrease of 21.45 percent and a small group decrease of 2.71 percent.
CMS said in a news release that it “is committed to increasing transparency in the marketplace” and also released downloadable public use files “so that researchers and other public stakeholders can access marketplace data” and detailed information for researchers “on certified QHP and SADPs for all states that use the HealthCare.gov eligibility and enrollment system.”
