Health insurers are pitching an average 10.9% increase in small group premiums across the 12 states that have released insurers’ proposed rates so far, according to a report this month by the Stephens Inc. investment bank. State regulators must approve insurance companies’ fully insured small group premium rates, along with those for individual policies sold on the exchange. Officials publicly release carriers’ proposed premium changes before they are finalized.
For-profit insurers are proposing larger premium increases than nonprofit carriers, the Stephens analysis said.
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