For Consumers

Insurers propose 22.3 percent average rate change for 2018 health plans

Rates filed for individual health insurance market in Washington state

Contact Public Affairs: 360-725-7055

June 19, 2017

OLYMPIA, Wash. - Eleven health insurers filed 71 health plans for Washington state’s 2018 individual and family health insurance market, with an average proposed rate increase of 22.3 percent. No health insurer filed plans in two counties – Klickitat and Grays Harbor.

Insurance Commissioner Mike Kreidler has been reaching out to insurers since they filed their plans on June 7 to see if one or more will reconsider offering plans in the bare counties.

 

“I’m very concerned by the proposed changes we’re seeing,” Kreidler said. “I know these numbers will be extremely upsetting to people who buy their own health insurance. They’re upsetting to me. We’re going to spend the next several months reviewing every assumption insurers have made to make sure their proposed increases are justified.

 

“There is a great deal of uncertainty underlying our country’s health insurance system today and no state is immune. There are specific issues with our health insurance system that we need to address, such as the rising costs of prescription drugs and health care services. Yet, the current federal administration’s actions – such as not committing to reimburse insurers for cost-sharing subsidies and not enforcing the individual mandate – appear focused only on destabilizing the insurance market. Sadly, it’s the people in our communities and across the country who will pay the price.”

 

All rates, health plans, and coverage areas are under review and may change. Once Kreidler's review is complete, the Washington Health Benefit Exchange Board is scheduled to certify all plans for sale in Washington Healthplanfinder, our state's Exchange, on Sept. 14. Open enrollment for the 2018 individual market starts Nov. 1.

 

Approximately 62 percent of people in the state currently enrolled through Washington state's Exchange receive a subsidy to help offset their costs.

 

Proposed average rate changes for Washington’s individual health insurance market

Health insurer

Proposed average* rate change

Sold inside/outside Exchange

Number of counties

Asuris Northwest Health

31%

Outside

11

BridgeSpan Health Co.

23%

Outside

4

Coordinated Care Corp.

29.3%

Inside

19

Health Alliance

14.6%

Outside

2

Kaiser Foundation Health Plan of Washington (formerly Group Health Cooperative)

12.9%

Both

19

Kaiser Foundation Health Plan of the Northwest

12.9%

Both

2

Lifewise Health Plan of Washington

21.6%

Inside

23

Molina Healthcare of Washington

38.5%

Inside

11

Premera Blue Cross

27.7%

Inside

22

Regence BlueShield

30%

Outside

3

Regence BlueShield of Oregon

30.9%

Outside

1

Total proposed average change

22.3%

* Your premium will depend on where you live, your age, whether you smoke, and which health plan you select.

 

Search proposed rate changes by health insurer and see a summary of what went into the proposed changes.

 

For more information, see how we review rates and frequently asked questions about health insurance rates.