NC Blue Cross asking for 16-24% rate hikes

(Asheville Citizen-Times) North Carolina’s largest health insurer said Tuesday it is asking for rate increases of between 16 percent and 24 percent to renew policies that would have been canceled for failing to meet minimum requirements under the federal overhaul law.Blue Cross and Blue Shield of North Carolina said it filed the necessary documents with the state Insurance Department that could allow customers who buy their own policies to keep their current coverage next year. The policies were being cancelled because they didn’t include coverage for pre-existing conditions, hospitalization, prescription drugs, and seven other basic benefits.

Read the full story HERE>

Advertisements

Posted on November 20, 2013, in Uncategorized. Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: