By Josh Kelety
WNPA Olympia News Bureau 

Washington health insurance market in flux

Premiums have continued to skyrocket, companies are leaving, prompting a response from lawmakers

 

February 7, 2018



Washington state’s health insurance market is increasingly volatile. While the number of people without insurance has decreased every year since 2013, monthly premium rates have spiked and only one insurer is available in some counties, according to state officials.

Prospects for consumers don’t look better in the coming months. According to data from the state Office of the Insurance Commissioner, premiums are slated to increase in 2018 by roughly 34 percent, up from a 14 percent hike in 2017 and negligible changes in 2016 and 2015.

And last summer, two health insurance companies pulled out of Washington’s individual market entirely. Grays Harbor and Klickitat counties were briefly...



For access to this article please sign in or subscribe.


 

Reader Comments
(0)

 
 

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2018

Rendered 08/02/2018 23:57