HARRISBURG, Pa. (AP) – Premiums for health insurers’ individual policies in Pennsylvania for 2020 will reflect an aggregate statewide increase of 4%, with an increase of 10% in the small group market.
The Pennsylvania Department of Insurance said Thursday that the new plans will be available when open enrollment starts Nov. 1.READ MORE: 2 Charged In Gunfire During Racial Justice March
Premiums for individual health insurance policies dropped in the current year, after increases the two years before that averaged over 30% in Pennsylvania.READ MORE: COVID-19 In Pennsylvania: State Health Department Reports 2,610 New Coronavirus Cases, 44.1% Of Adult Pennsylvanians Fully Vaccinated
Gov. Tom Wolf’s administration says more insurers are entering the market, and the number of counties with only one insurer offering coverage in the individual market will decrease to six.
Consumers must sign up by Dec. 15 for coverage to take effect Jan. 1.MORE NEWS: Pittsburgh Police Safely Locate Previously Missing Teen Siobhan Barnett
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