June 2015: In the Midwest, Blue Cross Blue Shield of Illinois asked for price
increases of 12.83 percent for one plan, but also wants a 29.09 percent
hike for another plan, and a 38.24 percent bump for a third plan. More
than 329,000 current Blue Cross Blue Shield Customers are in those or
similar plans now.
June 2015: Health insurance premiums could rise more than 30 percent next year
for some people in Illinois who have bought individual plans, a hefty
increase that insurers say is driven by the costs of members' medical
bills.
The largest average rate increases in the state were
proposed for certain plans offered by Blue Cross and Blue Shield of
Illinois, Coventry Health Care and Assurant Health, according to a list
of proposed increases exceeding 10 percent that was posted Monday on the
healthcare.gov website.
Humana and downstate insurer Health Alliance also requested increases averaging above that threshold for some plans.
These do not include all of the Illinois medicaid, so expect the Illinois legislature to be stuck with a hefty increase along these lines. I am pretty sure Illinois will go into full spiral mode in 2016. Remember, California is still hiding their sticker shock, so it must be huge and likely to cause spiral there also.
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