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The hikes are due mainly to “federal uncertainty” in the individual market, which have been exacerbated by recent decisions made at the national level. (Photo: Shutterstock)Due to a number of actions on the federal level impacting the individual market for health insurance, every state is at risk of significant cumulative premium increases in 2019-2021 – but fixes are possible, according to Covered California’s report, “Major Indicators of Individual Market Stability Highlight High Premium Increases for States in Coming Years.”
Premium increases in the individual markets will likely range from 12 to 32 percent in 2019, and cumulative increases from 2019-2021 will range from 35 percent to more than 90 percent, according to the report.
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Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
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