Blue Cross seeks 22.9% rate hike on ACA plans

Blue Cross seeks 22.9% rate hike on ACA plans

Blue Cross and Blue Shield of North Carolina, the state’s largest health insurer, is proposing a 22.9% rate increase on Affordable Care Act plans in 2018, in what will be the fifth year of the federal health insurance mandate. However, Blue Cross says its rate increase proposal would be 8.8% if the U.S. Congress continued fully funding the ACA in 2018. So far, Republicans in Congress have debated how to dismantle the law and replace it with a less costly alternative.

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