Heads up for Individual & Family Health Plans renewing January 1, 2020 – Thirteen Health Insurers request record low increase of less than 1%
If you are obtaining your health insurance for yourself and/or family you are fully aware of the cost of health insurance. You also understand that year after year you’ve been hit with increased premiums and not many options. It might come as a pleasant surprise that thirteen health insurers filed a record-low average proposed rate increase of 0.96% for the 2020 individual health insurance market. Also, two new insurers — PacificSource Health Plans and Providence Health Plan — are joining Washington’s market next year.
If you’d like to see all details head over to the Office of the Insurance Commissioner’s site to see details of which carriers will be available in each county.
Final rates and plan information is typically available in October for November open enrollment.
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