WA | Fifteen health insurers filed an average proposed rate increase of 5.47% for Washington’s individual health insurance market. The plans and proposed rates are currently under review and final decisions will come this fall.
“Access to meaningful and affordable health coverage has always been critical to our lives and our economy, but no more so than this year,” said Insurance Commissioner Mike Kreidler. “I’m incredibly proud of the efforts our state made to help people find coverage, through outreach and opening special enrollment periods. We took regulatory action when needed to make sure people did not have financial barriers to COVID-19 testing, did not receive surprise bills for these tests and increased coverage for additional methods of telehealth. I’m grateful to the health insurers, too, for their commitment to their customers and our markets. For now, we’ll get back to our regular work of carefully reviewing the plans and their rates to see what’s justified.”