Obamacare Premiums to Surge Next Year, Early Requests Show
- Insurance companies want rate increases as high as 91 percent
- Maryland regulator says the ACA market is in ‘a death spiral’
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The first glimpse of what health-insurance companies plan to charge for Obamacare plans next year suggests there’s no relief ahead for consumers saddled with high premiums.
Several insurers in Maryland and Virginia are seeking double-digit percentage increases in monthly costs for individual medical plans in 2019. The largest increases are being sought by CareFirst, which wants to nearly double the amount it charges on average for one coverage option in Maryland, and raise the cost of another in Virginia by 64 percent.