Blue Cross Blue Shield Nixes Arizona Health Premium Rise In 2018

 

Via azcentral.com

The only seller of individual health insurance policies under the Affordable Care Act in 13 rural Arizona counties said Tuesday that it won’t raise premiums next year after all.

A Blue Cross Blue Shield of Arizona executive said the company will instead decrease rates by about 1 percent across all its individual plans in 2018. That’s a change from an average 7.2 percent increase initially proposed in July.

Jeff Stelnik, the insurer’s senior vice president of strategy, sales and marketing, told The Associated Press the change came because of improved profitability on current plans and an assumption that the federal government will continue funding a program reducing some customer costs.

 

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