Updated: Obamacare forcing rates up on ACA plans for the Blues 42%
Some No written confirmation and few details as of yet, but I’m hearing from very trusted sources that Blue Cross Blue Shield is going to be implementing a staggering 42% rate increase in South Dakota directly as a result of Obamacare!
Stay tuned for more on this!
UPDATE – I had a call from someone involved somewhat with Wellmark, and received some more details. This is not across the board on all individual plans. This applies specifically to plans under the ACA that are sold through the federal exchange in South Dakota.
This means specifically the Obamacare plans are taking a huge jump, which actually comprise less than 4% of the plans sold in the state.