Florida Blue — the Sunshine State’s largest carrier — is increasing premiums by an average of 17.6 percent for its exchange plans under PPACA next year, according to company officials.
The affiliate of nonprofit Blue Cross and Blue Shield blamed the increasing health costs on attracting older adults this year who previously lacked coverage and are using more services than expected, according to Kaiser Health News.
Florida insurance regulators plan to release rates for all health plans next week.
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