November 17, 2024 3:02 pm
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‘Obamacare’ in Arizona: 2 remaining insurers hike rates by 50-75 percent

healthcare pixabayBlue Cross Blue Shield of Arizona will sell marketplace plans in all counties but Maricopa, hiking rates 51 percent. Centene Corp. will sell “Ambetter” plans in Maricopa, with 74.5 percent rate hike.

By Ken Alltucker | The Republic

After months of health-insurer exits from the Affordable Care Act marketplace in Arizona, state regulators have approved plans from two companies that will be the only marketplace insurance providers next year.

Blue Cross Blue Shield of Arizona will sell marketplace plans in every county except Maricopa County in 2017. The Phoenix-based insurer’s average rates will increase 51 percent, Arizona Department of Insurance filings show.

Maricopa County residents’ only option will be Centene Corp., which said it will sell its “Ambetter” plans. State regulators approved a 74.5 percent increase for Centene/Ambetter plans.

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