2015 healthcare insurance rates increase substantially

ANCHORAGE — The two insurance carriers offering plans on the Federally Facilitated Marketplace in Alaska, Premera Blue Cross Blue Shield of Alaska and Moda Health, announced that individual plan rates will increase an average of 27 percent to 37 percent. The rate increases will not impact individual’s health insurance coverage until Jan. 1, 2015. Enroll Alaska is available to be a resource to all Alaskans and will walk individuals through the enrollment process. There are no fees to applicants or clients for their professional services.

Additionally, the Federal Poverty Level for Alaska is also increasing. This has the potential to affect the subsidy amount individuals will be eligible for in 2015. The new plan designs and rates were approved by the Division of Insurance the week of Sep. 5 and carriers will begin to release information to the public regarding these changes soon. Discontinuation notices may be sent to members for various reasons, to include plan name changes and significant premium increases. This will require individuals to act and select a new plan or renew the existing plan during Open Enrollment, which runs from November 15 to February 15, 2015.

For more information, or to schedule an appointment with Enroll Alaska, contact 907-770-5100, or 888-385-5550.