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(Neb)-Medica Proposing 17% Rate Hike

By: John Axtell Posted at: 08/03/2017 12:59 AM
OMAHA, Neb. (AP) - Nebraska's only provider of individual health insurance plans under the Affordable Care Act wants to raise its monthly rates by an average of nearly 17% with some rates going up more than 50%. Federal subsidies would offset much of the increase.
 
     Minneapolis-based Medica outlined scenarios in which consumers in Omaha could see their rates increase by 57% while some in Lincoln would get 10% increases, both before subsidies.

     Medica says a corresponding increase in federal subsidies would protect roughly 80% of consumers in the Nebraska market from having to pay more, and the Nebraska Department of Insurance emphasizes that the rates are proposals, not final.


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