The federal health insurance marketplace opened for its second year of business Saturday. Bryan Thompson has the highlights.
Predictions of double-digit rate increases this year haven’t come true. A review by the non-profit Kansas Health Institute finds that, on average, premiums for plans sold in Kansas are up just one-tenth of one percent. But the average isn’t what matters to consumers.
Every plan is different. Some do have double-digit increases, but some have double-digit price drops.
Kansas Insurance Commissioner Sandy Praeger says that’s why it’s important to go to healthcare.gov, and shop around.
She cautions against letting the plan you had last year renew automatically. It may have gone up, and there may be much better deals available this year.