A Look at ACA Rate Increases

As the US heads into the second year of the Affordable Care Act’s health coverage expansion, states are finalizing their insurance premium rates in preparation for open enrollment beginning November 15. As of October 3, 2014, six states—Colorado, Maryland, New York, Ohio, Oregon, and Rhode Island—as well as the District of Columbia have announced approved rates for both on-exchange and off-exchange health plans on the individual market. In total, HRI has collected premium data from 40 states and the District of Columbia.