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healthcare.gov

Missourians buying health insurance on the federal exchange likely won't see the sky-high rate increases that have becoming common in recent years in 2019. But experts say the marketplace's woes are far from over.
David Kovaluk | St. Louis Public Radio

When Missourians go to healthcare.gov to buy health insurance, they likely won't be shocked by double-digit increases this year, according to data filed Wednesday with the state’s insurance department.

Three existing carriers — and one new entry into the market — will offer plans with smaller increases than previous years. Two insurers offering healthcare.gov plans are asking for modest rate increases.

Healthy Alliance Life Insurance plans an average increase of about 4 percent, and Cigna’s plans will increase about 7 percent. Centene's Celtic Insurance plans an average decrease of 9 percent.

The rate filings will not be finalized until late fall.

Insurance premiums for plans on healthcare.gov have become more expensive, but most people who buy exchange plans on healthcare.gov receive tax credits to help them offset costs. Those who don’t receive those credits bear the brunt of those higher prices.
David Kovaluk | St. Louis Public Radio

The rising costs of insurance plans available through the federal healthcare.gov website may make them unaffordable for some people in Missouri and Illinois.

Premiums for exchange plans on healthcare.gov have become more expensive, but most people who buy exchange plans on healthcare.gov receive tax credits to help them offset the cost and are insulated from rising costs. But those who don’t receive those credits bear the brunt of those increased prices.