Significant spikes in premiums could be a thing of the past if early exchange rates are any indicator, FierceHealthcare reports.
According to the report, 13 payers expected to participate in the Affordable Care Act markets in Washington have filed for a 1 percent increase.
“This year’s filings are evidence that our full adoption of the law and the steps we’ve taken to defend and preserve it are stabilizing our market, Insurance Commissioner Mike Kreidler tells FierceHealthcare. “We have more work to do to lower the cost of health care and to help lower out-of-pocket costs, but these proposed rates are welcome news.”
To read the full report on FierceHealthcare, click here.