Health Insurance Rates Mostly Holding Steady
| posted in Blog, NewsletterDespite the ongoing COVID-19 pandemic, personal and family health insurance rates are staying stable going into 2021. In fact, it’s the third year in a row of premiums barely moving in most areas, while the number of insurers writing policies in the personal market continues to grow. According to the ACAsignups.net website, which tracks enrollment, the average requested premium increase for 2021 is 2.1%, and in 18 states where regulators have approved rate hike requests, the average increase was just 0.4%. Under Affordable Care Act rules, each summer insurers must file proposed rates for the next year with the states they operate…
Read More