MYNORTHWEST NEWS

‘Obamacare’ users to see an average 13.6 percent rate increase next year

Oct 26, 2016, 10:46 AM

Residents who have health insurance under the Affordable Care Act in Washington’s individual market will pay an average of 13.6 percent more for their plans next year, according to the state office of the insurance commissioner.

A rate change by one insurer is as high as 24.7 percent.

2017 individual and family health plans and premiums

The announcement was made on Wednesday morning.

Washington is one of several states that saw double digit increases.

Insurance companies asked the state insurance commissioner for permission to increase rates by 13.5 percent. The commissioner’s office said the average increase in 2017 will be 13.6 percent, but the increase varies depending on the insurer and factors like where the insured person lives, their age, whether or not they smoke, which plan they select, and how many people are covered.

KIRo 7 reporter Jeff Dubois looked up some numbers to help illustrate the increase.

For people who choose Regence Blue Shield, a 35-year-old paid an average of $354 a month last year.

If that’s increased by 13.5 percent, it goes up to $400 a month.

For Group Health, rates would go from $317 to $359 a month.

But it’s important that people understand the rate increases announced Wednesday will only affect people in Washington who are self-insured and use the Washington Healthplanfinder.

Those who get insurance through their employer won’t be affected directly by the increases, though deductibles will likely rise.

The increase is the largest in ACA healthcare rates since “Obamacare” went into effect.

In 2015, rates went up 1.8 percent, 3.8 percent in 2016 and now an average of 13.6 percent in 2017.

But Washington residents aren’t alone in the rate increases.

Nationally, the cost for the most popular, mid-level Obamacare plan is going up 22 percent and some other states’ rates are much higher.

For instance, some customers in Arizona are seeing a 145 percent increase in their insurance rates next year.

MyNorthwest News

missing children redmond virginia...

KIRO 7 News Staff

Redmond children ‘critically missing’ for 3 years found in Virginia

The U.S. Marshals have brought home two "critically missing" children who were reported missing from Redmond, Washington, in December 2023.

2 hours ago

starbucks close stores...

Associated Press

Starbucks to close 250 stores in North America this week

Starbucks plans to close 250 North American stores later this week.

2 hours ago

Pinehurst Station light rail...

Chris Sullivan

Sound Transit to open new light rail station 5 years ahead of schedule

Sound Transit isn't known for being on time or on budget with its light rail projects, but it's about to open a new station way ahead of schedule.

3 hours ago

seattle street takeover shooting...

Frank Lenzi

Seattle street takeover shooting: Police identify everyone involved

Seattle police have identified everyone involved in a September 6 shooting connected to an illegal street takeover that left one person dead and three others wounded near 3rd Avenue and Clay Street.

10 hours ago

rainier beach shooting...

Frank Lenzi

Seattle’s Rainier Beach shooting leaves man wounded

A shooting in Seattle’s Rainier Beach neighborhood Wednesday evening left a man wounded, and the suspected shooter has not been caught, police said.

11 hours ago

gluten free...

MyNorthwest Staff

Gluten-free brand recalls flour, bread, and pizza mixes

A gluten-free brand is recalling multiple mixes due to potential undeclared wheat gluten.

14 hours ago

‘Obamacare’ users to see an average 13.6 percent rate increase next year