Saturday, June 08, 2019

Washington state health insurers propose lowest rate increase in Affordable Care Act era

Some good news here in the state of Washington. A very low rate increase; like just 1% for health plans on our Obamacare exchanges, According to an article in June 3 2019 Seattle Times. Seems like the system is stabilizing and starting to work well in this state. Work well at least for this year.

They are getting the bugs out, the system has arrived; like in "the Eagle has landed."

Washington is a state that created its own healthcare exchanges. Remember; states that refused Obamacare's Medicaid expansion often didn't set up their own exchanges so the Feds run the exchanges in those states. Our state seems to have managed it's exchanges well and at the local level. Ironically, accepting Obamacare may have meant more local control.

A public option is now in the works, here in Washington as well. Roll out for the public option is planned for 2021.

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