Changes from 2015 to 2016... Rules, Premiums, Plans, Exchanges, Etc.

A big hi-five to the Michigan Insurance Commissioner for publishing a chart showing each individual and small group insurer's premium change for 2016, just after the middle of August!

Link: http://www.michigan.gov/documents/difs/2016_Health_Ins_Rate_Chg_Req_494441_7.pdf

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I started reading the story but within 2 paragraphs know for certain that CMS is granting SEP's for these. The rate increase goes into effect Oct 1 and CMS has told blue to treat as plan year renewal. I've written two this week for Oct 1 and have a couple after they get paid Sept 1.

I think this news station should have contacted a health insurer corporate office and not a local agent for a news story.

FHK's pulled something like this back in the early 2000's, although the increase wasn't near this much. They did a turn around in a few months.

Hey BlueDiamond, you predicted it perfectly. Congrats!
Families slammed by steep rate hikes in the Healthy Kids plan can seek refuge in Obamacare | Tampa Bay Times
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  • Federal Poverty Level worksheet 2015.pdf
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This attachment can not be sold or redistribute due to its' inherent value, CMS copyright, and piracy laws.

That looks like a much-loved document. You can always trust a document with coffee stains, handwritten notes, scratch-outs, etc.
 
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