Based on information just released by the North Carolina Department of insurance, we have learned some brand new information for plan year 2017 on the North Carolina Marketplace.
Highlights:
BCBS-NC is requesting a rate increase on average of 18.8%. Currently, BCBS-NC has filed for all 100 counties in North Carolina, but final decision will be made at a later date.
Aetna/Coventry is requesting a rate increase on average of 24.5%
CIGNA will be participating in 6 counties in the Raleigh/Durham metro area (confirming what we reported earlier). In addition, CIGNA is requesting a rate increase on average of 7% for plans sold off marketplace in North Carolina – this will affect approximately 1265 policyholders in NC.
Humana is withdrawing all individual products effective December 31, 2016.
Stay tuned for more late breaking 2017 health plan news!