Insurance rates for policies sold through Kansas exchange expected to be stable through 2015 Consumers in Kansas may be able to breathe a sigh of relief regarding the cost of health insurance policies sold through the state’s exchange. The Kansas Health Institute has released a new report concerning the cost of these policies, showing that prices are expected to remain stable through 2015. According to the report, the average cost of policies going into effect next year is expected to increase by just 0.1%, which may be good news for…
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Health insurance rates in Kansas to increase by 10 percent or more
The state is tightening its reviews of the increasing costs. Kansas regulators are currently complying with one of the health insurance reforms put into place by President Obama, which require that stricter reviews be made of increases to rates that are greater than 10 percent. Governor Sam Brownback continues to stand strong against the other provisions of the healthcare law. To make sure that health insurance rates are kept under better control, the Kansas Department of Insurance has increased the number of steps that are taken in the review process…
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