Health insurance rates on the rise in Alaska

health insurance costs subsidies

Insurance coverage though the Alaska exchange will be more costly next year Next month, open enrollment for all U.S. health insurance exchange will begin. Those looking for insurance policies will be able to visit their state’s exchange to find the products that they are interested in. Some of these exchanges offer inexpensive coverage that come with a variety of benefits. In some states, the policies sold through exchanges are becoming more expensive. This is the case in Alaska, where two of the state’s largest insurers are raising rates for the…

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Health insurance rates on the rise in Alaska

Alaska health insurance

Insurance companies file for rate increases on individual policies sold in the state Health insurance companies in Alaska have filed for significant increases in premiums for the coverage that they offer for individual, non-subsidized coverage. State law tasks the Alaskan Division of Insurance with regulating rate increases, and the agency has, thus far, granted approval for rate increases averaging 37%. Rate increases will affect policies that go active in January 2015 and these rate increases will affect policies sold through the state’s health insurance exchange. Division of Insurance comes under…

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