Blue Cross of NC seeks rate increase for Affordable Care Act customers under 65
WINSTON-SALEM, N.C. — Blue Cross and Blue Shield of N.C. is requesting a near doubling of the rate increase for individual customers under age 65 with coverage through the Affordable Care Act.
The state’s largest health insurer made public Monday its proposal to the N.C. Insurance Department for an average rate increase of 25.7 percent for 2016.
The request also requires federal Centers for Medicare and Medicaid (CMS) approval. The rates were filed May 15.
By comparison, Blue Cross was granted a 13.5 percent increase for 2015.
Read more: Winston-Salem Journal