Five insurance companies that had offered coverage in the Affordable Care Act marketplace have told state regulators that they will opt out or scale back coverage when the next open season for Affordable Care Act coverage begins Nov. 1.
There will still be coverage, but with fewer providers, experts say costs will likely go up “much higher in 2017 than they had in the past couple of years.”- AZ CentralCosts will likely go up.
They even have the gall to reference a report that has nothing to do with reality in Arizona.
A national estimate by the Kaiser Family Foundation predicts that premiums for one of the lower-costs plans could rise as much as 9 percent next year, compared to 2 percent this year. In Arizona, those higher premiums could hit more than 100,000 people.
Nine percent? How about 19% to 122%?
Rates filed with the Arizona Dept of Insurance have been reviewed and (presumably) approved. Note that some of the "final" rates are higher than the carriers requested.
How do you like those apples?
Shame on you Arizona Central. You should have your press pass revoked.