Georgia Insurance Department Releases Proposed Rates For 2018 Health

Staff Report From Georgia CEO

Friday, September 29th, 2017

Insurance Commissioner Ralph Hudgens announced today that his office had submitted proposed 2018 health insurance rates to the Centers for Medicare and Medicaid Services for the federally-facilitated Healthcare Exchange for final federal approval.

“Today my office submitted 2018 Obamacare rates to Washington D.C. for approval,” Hudgens said. “In its fifth year, Obamacare has become even more unaffordable for Georgia’s middle class with potential premium increases up to 57.5 percent. I am disappointed by reports that the latest Obamacare repeal has stalled once again and urge Congress to take action to end this failed health insurance experiment.”

A summary of the filed rate increase percentages from insurers who intend to offer individual coverage in Georgia for 2018 can be found on the Insurance Department’s website at www.oci.ga.gov/Other/ThisAnnouncement.aspx?ID=1091. CMS will post information on their final approved rates at https://ratereview.healthcare.gov.

Open enrollment for the Marketplace begins Nov. 1, 2017, and ends Dec. 15, 2017. Consumers are
encouraged to contact a local insurance agent or visit Healthcare.Gov to learn more about plan options
and pricing for 2018.