2017 Rate Request Early Look: Florida
2018 MIDTERM ELECTION
Time: D H M S
As with California, there's no actual individual carrier rate/market share breakdown available, but the source is the DOI itself, so I'm assuming "average" means weighted average:
Fifteen health insurers want an average 17.7 percent increase in premiums for Affordable Care Act individual plans, Florida officials said Thursday — higher than last year’s approved average of less than 10 percent.
...In Florida, 15 companies also asked for an average 9.6 percent increase for small group plans, said Amy Bogner, spokeswoman for the state’s Office of Insurance Regulation.
The companies were not identified individually because they claimed trade secrecy, she said.
It sounds like BCBS of Florida is seeking around 9.8 - 11.6% hikes for the individual market, and 5.2 - 8.7% hikes for the small group market:
Florida Blue, also known as Blue Cross and Blue Shield of Florida, appeared to request increases ranging from 5.22 percent to 11.6 percent in rates for four plans posted on HealthCare.gov and spotted by The Palm Beach Post shortly before they were taken down.
As always, there's a huge difference between the full price rates (paid by those above 400% of the Federal Poverty Line) and subsidized rates:
...U.S. officials said last week that Floridians really pay an average of $84 a month after tax credits for Affordable Care Act marketplace plans. That’s up only 2 percent from $82 last year.
...Most Floridians still get coverage from employer plans or government programs such as Medicare, but approximately 1. 7 million state residents selected Obamacare marketplace plans in 2016.
Of those, about 91 percent got tax credits to make premiums less expensive.
For them, the average monthly premium was $386 before credits, and $84 after, according to federal officials.