Blue Cross asks Michigan to hike rates; 400,000 to be affected

Detroit Free Press, February 2, 2009
Blue Cross Blue Shield of Michigan has filed a formal request with the state to raise rates for 400,000 people who buy individual health coverage, citing losses in that market that could exceed $1 billion through 2011. The rate hikes, if approved by Michigan's Office of Financial and Insurance Regulation, would take effect June 1. Overall, the average increases would be 56% for individual or non-group plans; 42% for group conversion plans for those who once had workplace coverage, and 31% for senior citizens with supplemental Medicare coverage.

MOST POPULAR

SPONSORED REPORTS
SPONSORED HEADLINES

SIGN UP

FREE e-Newsletters Join the Council Subscribe to HL magazine

SPONSORSHIP & ADVERTISING

100 Winners Circle Suite 300
Brentwood, TN 37027

800-727-5257

About | Advertise | Terms of Use | Privacy Policy | Reprints/Permissions | Contact
© HealthLeaders Media 2015 a division of BLR All rights reserved.