`Obamacare’ individual policies may see moderate or no increases for 2019

csimt In The News

By: Mike Dennison

Health insurers selling individual policies on the “Obamacare” marketplace in Montana are proposing only modest increases for 2019, on average – or, no increase at all.

State Insurance Commissioner Matt Rosendale released the proposed rates Thursday, with Blue Cross and Blue Shield of Montana proposing an average increase of zero – and a 4.9 percent decline for small-group policies…

The rates won’t be made final until August, after a review by Rosendale’s office and public-comment period – but Rosendale has no power to order any changes in the rates, unless they’re deemed discriminatory…

While the proposed rate changes are lower than in previous years, Rosendale still called the Affordable Care Act “a disaster for many Montana families.”

“We need to repeal it and create our own Montana health-care solution instead of relying on an unaffordable, one-size-fits-all program from Washington, D.C.,” he said in a statement.

Read more at KXLH