Tag Archives: MARKETPLACE

Health Care Exchange Rates to Jump

By Jennifer Keiper, WLS-AM 890 News

(CHICAGO) It’s official: The insurance bought on the health care law’s marketplace is going to cost you more – a lot more.

The Illinois Department of Insurance has published an analysis of 2017 health plans based on final price increases approved by state and federal regulators.
The average rate increase for the lowest cost “silver” plan in Illinois is 45%.  Blue Cross Blue Shield of Illinois is increasing its individual plan rates by 51% overall.
Open enrollment for HealthCare.gov starts November 1 and ends January 31.