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IPFS News Link • Healthcare Industry

Health insurers in Florida request premium hikes as high as 71%

• foxnews.com By Ali Meyer

There are six insurers in Florida selling plans on and off the exchanges in 2018 including Blue Cross and Blue Shield, Celtic Insurance Company, Florida Health Care Plan, Health First Commercial Plans, Health Options, and Molina Healthcare of Florida.

Molina Healthcare requested the highest rate increase of 71.2 percent. Individuals with this coverage can expect their monthly premium to increase from $402 to $688.

Blue Cross and Blue Shield requested a 38.1 percent increase, Celtic Insurance Company requested a 46.1 percent increase, Florida Health Care Plan requested a 26.5 percent increase, Health First Commercial Plans requested a 39.3 percent increase, and Health Options requested a 36 percent increase.

On average, consumers in Florida can expect their monthly premium to increase from $463 to $671.