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Insurers Ask For Premium Rate Increases On ACA Plans

frankieleon

The Affordable Care Act was designed to give more access to healthcare at lower costs. But the state’s largest health insurer, Blue Cross Blue Shield of North Carolina, has requested a rate increase of more than 34% for patients enrolled in the ACA plans.

The company says it needs the additional revenue to offset increasing costs. The request, along with increase requests from other insurers, will be considered by the North Carolina Insurance commissioner.

Host Frank Stasio talks with Triangle Business Journal reporter Jason deBruyn about the latest. 

Laura Lee was the managing editor of The State of Things until mid February 2017. Born and raised in Monroe, North Carolina, Laura returned to the Old North state in 2013 after several years in Washington, DC. She received her B.A. in political science and international studies from UNC-Chapel Hill in 2002 and her J.D. from UNC-Chapel Hill School of Law in 2007.
Longtime NPR correspondent Frank Stasio was named permanent host of The State of Things in June 2006. A native of Buffalo, Frank has been in radio since the age of 19. He began his public radio career at WOI in Ames, Iowa, where he was a magazine show anchor and the station's News Director.