Why North Carolina's largest insurer filed for a 23% rate increase for ACA plans next year

Blue Cross and Blue Shield of North Carolina has filed for a 22.9% rate increase with the N.C. Department of Insurance for Affordable Care Act plans in 2018. The company — the only insurer that offered ACA plans in all 100 North Carolina counties for 2017— intends to serve all counties again next year. During a media call Thursday morning, Brian Tajlili, director of actuarial and pricing services for BCBSNC, outlined why the requested rate increase is necessary . A lack of federal funding for…
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