NewsHealth / June 22, 2018

ACA Rates Up For Hoosiers On The Marketplace

ACA Rates Up For Hoosiers On The MarketplaceHoosiers who buy insurance on the insurance marketplace established by the Affordable Care Act can expect higher premiums next year. Affordable Care Act2018-06-22T00:00:00-04:00
Article origination IPBS-RJC
ACA Rates Up For Hoosiers On The Marketplace

An Indianapolis billboard for MHS, one of the two insurers offering coverage on the Affordable Care Act marketplace in Indiana. (FILE PHOTO: Sarah Fentem/Side Effects Public Media)

Hoosiers who buy insurance on the insurance marketplace established by the Affordable Care Act can expect higher premiums next year. 

The two insurance companies offering plans filed their 2019 rates this week. Care Source and Celtic (MHS/Ambetter) have asked for the maximum increases allowed. Individual marketplace plans will increase by 5 percent on average.  

READ MORE: Indiana Marketplace 2018 Signups Dip Only Slightly Thanks To Auto-Enrollment, Media Coverage

All Indiana counties will have plan options, but 13 counties will only have one marketplace option. An estimated 147,000 Hoosiers have insurance through the marketplace. 

Supporters of the ACA say Republican efforts to undermine the law have led to increased rates. Those opposed to the law say the higher rates prove the law isn’t working. 

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