Blue Cross through HealthCare.gov to go up 11.3%:
Seventeen of 21 Michigan health insurers selling coverage at HealthCare.gov. are requesting rate hikes, apparently in anticipation of a U.S. Supreme Court decision that could cut federal subsidies for those policies.
Blue Cross Blue Shield of Michigan, which writes about 70 percent of the policies, is seeking an 11.3 percent increase.
More than half of the insurers are seeking premium increases of 5 percent or more beginning in January under the Affordable Care Act, the Michigan Department of Insurance and Financial Services said Monday.
More than 340,000 Michiganians purchased insurance on the health exchange last year and could be affected by the requests.
Five insurers, including Blue Cross, requested double-digit increases.
The largest, 37 percent, is sought by Time Insurance Co., which is creating all new plans for next year.
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