Insurance rates are expected to go up in the coming year in a proposal from the Governors Administration.
Due to the rising cost of care, higher use of benefits, and end of the enhanced premium tax credit premiums are expected to increase up to 19 percent in the induvial market and 13 percent for small businesses.
Congress could still act to extend the tax credit before it expires on December 31.
Public comment on the rates increases can be sent to ra-in-comment@pa.gov.
Rates changes will vary based off plan and region with final approval being made later this fall.
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