BREAKING NEWS: 19-year-old woman dies after falling from 10th floor window of The Hub Apartments Full Story

Indiana Affordable Care Act premiums could increase in 2018

The cost of health insurance through Affordable Care Act marketplaces in Indiana could creep up by an average of about 5 percent next year.

Posted: Jun. 25, 2018 9:23 AM

INDIANAPOLIS (AP) — The cost of health insurance through Affordable Care Act marketplaces in Indiana could creep up by an average of about 5 percent next year.

The Indianapolis Business Journal reports two insurers that participate in the marketplace have requested rate increases.

State officials have yet to sign off on the increases, which won't be finalized until fall.

CareSource Indiana Inc. is seeking an average rate increase of 10.2 percent, for an average monthly premium of $540. Celtic Insurance Co. is seeking an average rate decrease of 0.5 percent, for an average monthly premium of $479.

The average increase sought is 5.1 percent, but specific plans could be higher.

The proposed increases are much less than last year, when insurers received approval for rate hikes between 20 percent and 36 percent.

Article Comments

West Lafayette
Clear
57° wxIcon
Hi: 75° Lo: 53°
Feels Like: 57°
Kokomo
Clear
55° wxIcon
Hi: 73° Lo: 53°
Feels Like: 55°
Rensselaer
Clear
55° wxIcon
Hi: 68° Lo: 51°
Feels Like: 55°
Fowler
Clear
55° wxIcon
Hi: 75° Lo: 52°
Feels Like: 55°
Williamsport
Clear
58° wxIcon
Hi: 76° Lo: 53°
Feels Like: 58°
Crawfordsville
Clear
57° wxIcon
Hi: 76° Lo: 56°
Feels Like: 57°
Frankfort
Overcast
60° wxIcon
Hi: 75° Lo: 53°
Feels Like: 60°
Delphi
Clear
58° wxIcon
Hi: 75° Lo: 53°
Feels Like: 58°
Monticello
Clear
58° wxIcon
Hi: 76° Lo: 53°
Feels Like: 58°
Logansport
Clear
55° wxIcon
Hi: 72° Lo: 52°
Feels Like: 55°
Rain Returns Monday
WLFI Radar
WLFI Temps
WLFI Planner

Community Events