LINCOLN, Neb. (AP) — A dozen individual health insurance plans in Nebraska are proposing double-digit premium increases for next year, citing higher medical and prescription drug costs and greater use of services.
The proposed hikes would apply to plans sold on the health insurance exchanges created under the federal health care law, as well as individual coverage sold through brokers and agents.
UnitedHealthcare Life Insurance Company proposed one plan with a 10 percent increase, while Time Insurance Company is proposing a more than 32 percent increase for one of its plans.
The rate proposals were posted online by the U.S. Department of Health and Human Services. Rate increases were only disclosed on the website if they were proposed to grow by 10 percent or more.
__
Online: http://ratereview.healthcare.gov
Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.