60% of 2018 Average Individual Premium Increase Due to Federal Policy Changes
October 18, 2017
October 18, 2017
NEWARK, N.J., Oct. 18 -- The Horizon Blue Cross Blue Shield of New Jersey issued the following news release:
Horizon Blue Cross Blue Shield of New Jersey (Horizon BCBSNJ) was notified today that state regulators had approved rate increases between 16 percent and 28 percent for policies the company will offer in the 2018 Individual Market. Three factors connected to federal policy decisions are responsible for 14.7 percent of the 24.3 percent total average individual premium increas . . .
Horizon Blue Cross Blue Shield of New Jersey (Horizon BCBSNJ) was notified today that state regulators had approved rate increases between 16 percent and 28 percent for policies the company will offer in the 2018 Individual Market. Three factors connected to federal policy decisions are responsible for 14.7 percent of the 24.3 percent total average individual premium increas . . .