Washington approves 136 health insurance plans to be sold on state’s exchange

seattle washington health insurance rates industry

New insurers have been approved to sell coverage to participate in the state’s insurance exchange The Washington Office of the Insurance Commissioner has announced the approval of some 136 individual health insurance plans that will be sold through the state’s insurance exchange. The plans come from 12 insurance companies, which had requested for rate increases of 5.4%. State regulators have approved an increase in premiums of 4.2% for these insurers, however. Consumers will be able to purchase these plans during the exchange’s upcoming open enrollment period, which begins in November…

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Health insurance rates set to go up in Washington

Health insurance rates

Washington residents will be paying more for their insurance coverage in 2015 Health insurance in Washington may become more expensive next year. The Office of the Insurance Commissioner expects to see premiums grow by a modest degree in 2015, noting that those with coverage and those seeking coverage will be spending more money on their policies. Rates are expected to see modest growth in comparison to how much they had increased in the years leading up to federal health care reform. Insurance rates expected to increase by an average of…

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Washington introduces new health insurance regulation

Health Insurance coverage - uninsured drops

Legislators enforce new health insurance regulation concerning clinical trials Legislators in Washington have been making moves to make health insurance more consumer friendly in recent months. As part of this ongoing effort, the state’s Office of the Insurance Commissioner has introduced a new insurance regulation that will have an impact on insurers and the coverage they provide those participating in clinical trials. Health insurance companies have traditionally refused to provide coverage for such trials because of their uncertain, and often risky nature. Now, however, the state is ready to force…

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