Blue Cross and Blue Shield of NC’s rate increase for ACA plans approved

The N.C. Department of Insurance has approved Blue Cross and Blue Shield of North Carolina’s requested premium rate increase of 14.1% for Affordable Care Act plans in 2018. Blue Cross NC — the only insurer to again offer ACA plans in all 100 of North Carolina’s counties in 2018 — announced in August that it had lowered its requested rate increase from the original 22.9% it outlined in May. Even with the lowered rate increase, Gary Bolt, vice president of the insurer's Individual Under…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2017/10/18/blue-cross-and-blue-shield-of-north-carolina-s.html?ana=RSS%26s=article_search