The Blog

Florida Obamacare Premiums To Jump Up 13.2 Percent

7:04 AM, Aug 5, 2014 • By MICHAEL WARREN
Widget tooltip
Single Page Print Larger Text Smaller Text Alerts

Health insurance is going to be more expensive in 2015 for those in Florida who purchase it on the individual market's exchange set up by the Obamacare. The Miami Herald reports:

Floridians who buy health insurance on the individual market for next year will face an average increase of 13.2 percent in their monthly premiums, according to rate proposals unveiled Monday by the state’s Office of Insurance Regulation.

The rate proposals affect all Affordable Care Act-compliant health plans on the individual market, whether they’re sold through the federally-run exchange or not. Small and large group health plans typically offered by employers were not included in the data released by the state.

The rate proposals affect all Affordable Care Act-compliant health plans on the individual market, whether they’re sold through the federally-run exchange or not. Small and large group health plans typically offered by employers were not included in the data released by the state.

Fourteen companies filed ACA-compliant plans for Florida’s 2015 individual market, including three new companies that did not participate on the federally-run exchange last year.

Of the 11 returning plans, eight filed average rate increases ranging from 11 to 23 percent, and three filed rate decreases ranging from 5 to 12 percent, the state’s insurance regulator reported.

Public approval of Obamacare is near an all-time low, according to Real Clear Politics's poll average, with around 40 percent approving and 56 percent disapproving.

Recent Blog Posts

The Weekly Standard Archives

Browse 18 Years of the Weekly Standard

Old covers