Monday, May 6, 2013

BCBSNC Offers Projections of Individual Rates Under the Affordable Care Act

Blue Cross and Blue Shield of North Carolina (BCBSNC) has released new projections of what rates will look like for individual market customers under the Affordable Care Act (ACA). Factoring in new federal subsidies and grandfathered plans, BCBSNC expects that about two-thirds of its individual market customers will see rate increases similar to those of recent years or decreases in 2014. BCBSNC predicts that the remaining one-third of individual market customers will see larger increases due to the ACA.

For further information, view the press release here.

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