- Associated Press - Thursday, October 5, 2017

DOVER, Del. (AP) - Delawareans will pay 25 percent more next year than they did this year for health insurance coverage under the Affordable Care Act.

State insurance commissioner Trinidad Navarro announced Thursday that he had approved the latest double-digit increase for Highmark Blue Cross Blue Shield, which will be the only insurer providing ACA coverage in Delaware.

Highmark sought a rate increase of 33.6 percent earlier this year after Aetna, which covers almost 12,000 Delawareans under the ACA, announced that it is pulling out of Delaware health insurance exchange.

Regulators last year approved average rate increases in the individual market of 32.5 percent for Highmark and about 23 percent for Aetna.

Last year, roughly 27,000 Delawareans were insured under the ACA, also known as Obamacare.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide