15 health insurers are demanding an average rate increase of 5.47% for the Washington retail market

June 1, 2021

OLYMPIA, Washington. – 15 health insurers submitted an average proposed rate increase of 5.47% for the Washington individual health insurance market. The plans and proposed rates are currently being reviewed and the final decisions will be taken this fall.

“Access to meaningful and affordable health insurance has always been vital to our lives and our economy, but not more than this year,” said Insurance Commissioner Mike Kreidler. “I am incredibly proud of the efforts our state has made to help people find coverage by contacting them and opening special enrollment deadlines. We have put in place regulatory measures when necessary to ensure people do not receive financial support Had obstacles to COVID-19 testing and not received them. ” Surprise bills for these tests and increased coverage for additional telehealth methods. I am also grateful to health insurers for their dedication to their customers and our markets. For now, we’re returning to our regular work of carefully reviewing the plans and their prices to see what is warranted. “

Individuals who do not receive health insurance coverage from their employer for insurance in the individual market. Premium subsidies are available based on earnings through Washington’s Exchange, www.wahealthplanfinder.org. The exchange has opened a special registry for public health emergencies that runs through August 15. People can also buy plans directly from an insurer, but subsidies are only available through the stock exchange.

Approximately 240,000 consumers in Washington are currently enrolled in health insurance through the retail market.

That year, Washington state received $ 250 million in tax cuts under the Federal American Rescue Act to help people find cover. This money helps over half a million people find savings through the stock market.

See the proposed health insurances and plans for 2022 by county (PDF, 242 KB).

2022 Proposed rate changes for the individual health insurance market

insurer Proposed rate change Inside / Outside Exchange or both
Asuris Northwest Health 4.49% Outside
BridgeSpan Health Company 3.79% Within
WA Community Health Network -4.08% Within
Coordinated Care Corp. 1.31% Within
Health Alliance Northwest Health Plan, Inc. -3.84% Outside
Kaiser Foundation Health Plan of the NW 0.96% Both
Kaiser Foundation Health Plan from WA 0.49% Both
LifeWise Health Plan from WA 6.84% Within
Molina Healthcare from WA, Inc. 7.22% Within
PacificSource Health Plans

-5.76%

Both
Premera blue cross 28.98% Within
Providence health plan 4.52% Outside
Regenerate BlueCross BlueShield from OR 3.60% Both
Regenerate BlueShield 2.74% Both
UnitedHealthcare by OR, Inc. -4.07% Both
Total average * change requested
* based on weighted enrollment
5.47%

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