Health care insurers in Idaho have requested premium rate hikes as high as 81 percent for next year, according to the state’s Department of Insurance.
For all plans, insurers requested rates ranging from a low of 25 percent to a high of 51 percent for a combined average statewide rate increase of 38 percent. For Obamacare’s popular Silver plan, the average rate increase among all insurers was even higher at 50 percent, with one insurer requesting a high of 81 percent.
“I am deeply disappointed and frustrated to share these rates,” said Dean Cameron, who directs the department. “I understand how difficult it will be for Idahoans to afford reasonable coverage, especially those without a subsidy.”
“I call on Congress to either repeal the CSR requirement or fund the program,” Cameron said. “That action alone would reduce the proposed increase by at least 20 percent on the Silver plans.” Read more at WASHINGTON BEACON.