- Associated Press - Thursday, June 4, 2015

HONOLULU (AP) - The Hawaii Medical Service Association is proposing a 49 percent rate increase for nearly 21,000 members who purchased coverage through the state’s health insurance exchange.

The Honolulu Star-Advertiser reports (https://bit.ly/1Gmj7w6 ) Hawaii’s largest insurer says the higher medical costs are necessary because the exchange population is less healthy and medical costs are much higher than expected.

The insurer posted on its website Monday that the proposed increased will affect about 3 percent of members.

The proposed monthly premiums for individuals who purchased coverage through the Hawaii Health Connector will rise to an average of $414. The increases range from about 30 percent for the Bronze plan to about 53 percent for the Silver plan.

State Insurance Commissioner Gordon Ito says the proposed increase for individual plans will be scrutinized closely.


Information from: The Honolulu Advertiser, https://www.honoluluadvertiser.com



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