68.6 F
Sunday, April 14, 2024

Health insurers propose rate hikes for 2017

Related stories

United Way of Eddy County announces grant recipients

United Way of Eddy County (UWEC) has announced it...

Hutchinson announces candidacy for county sheriff

Matthew "Matt" Hutchinson has announced his candidacy for the...

Main Event gets Artesia’s motors running

The 25th Annual Main Event Car Show and Cruise...

New Mexico regulators have unveiled details about the health insurance premiums proposed by insurers for next year and there are indications the state will not escape the hefty increases expected nationwide.

Rate hikes for 2017 could reach well into the double digits. More than 12 million people get coverage through the health law’s markets, which offer subsidized insurance. But the increases could also affect several million who purchase policies outside the government system.

In New Mexico, several insurers have filed proposals that include average increases ranging from a half-percent to more than 83 percent. Those initial estimates may change. Regulators must review the proposals and public hearings will be held before a final decision comes later this year.

Join the Artesia Daily Press Newsletter

Stay informed with the latest Artesia news and updates, directly in your inbox. Subscribe now!


Latest stories