In a conference call earlier today Blue Cross Blue Shield of NC discussed projected insurance premiums for 2015.
North Carolina’s largest health insurer says rates will rise by more than 13 percent on average next year for buyers of individual Affordable Care Act policies.
But hey, at least “if you like your plan you get to keep your plan (for two years)”. Yeah, if you can afford it.
Aside from ACA plans, the insurer is maintaining pre-existing plans that don’t conform to the Affordable Care Act’s requirements but customers wanted to keep. Rates for those plans will rise by an average of 13 to 19 percent, depending on when they were sold.