The Washington State Office of the Insurance Commissioner released approved 2019 rates for seven of our individual carriers. Four carriers continue to be in review. The most-watched renewal rating has been Kaiser of WA, which asked for the largest increase of all the carriers (30%). Thankfully, this number has been clipped a bit, down to a 19% increase. Overall, at least 2019 increases will be significantly lower than our 2018 increases were.
Check out our compilation of what’s happening in the WA small group health insurance market this year: what’s in, what’s out, common trends, enhancements, take-aways, and more.
With costs rising and access to health insurance tightening, micro groups are looking to fall in with the big kids. But, not all will qualify.
Here's a glimpse of the proposed 2018 health plan rates as submitted to the Washington OIC.
Here's how large groups, as well as association and trust plans are affected by the new Premera/Providence agreement.
Premera & Providence – Big Network Changes. Part 2: Small Groups, 1-50 – Plans offering the Larger Network
With the new agreement, only a few small group plans will be able to offer Providence as a PPO.
Beginning 1/1/17, the entire Providence network will only have PPO status on some Premera plans.
It's only barely summer, but get ready for winter changes.
Major 2017 changes to Premera's individual coverage could include eliminating coverage, exiting entire counties and excluding networks are in the works.
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I love numbers. I'm a math geek. I read benefits industry articles and periodicals for relaxation (but, honestly, I'm still a fun gal). I also like to share what I've learned and you'll find it all here.