Aetna wants to raise rates on HMO plans for individuals
Aetna Inc. plans to raise rates on its individual HMO plans in Pennsylvania by double digit percentages this year, the Connecticut-based health insurer said.
The rates will increase an average of 16.3 percent and could impact 15,500 policyholders. The changes could range from no increase to a hike of 18.1 percent.
Aetna filed its new rates for policies that renew or start between May and December with the state Insurance Department, which can approve, reject, or modify the new rates. If the department takes no action by April 4, the new rates will automatically take effect.
Aetna said the rate hikes are needed because medical costs are rising. The company expects a 13 percent increase in costs as medical providers are raising prices and because Aetna members are using more medical services.
Add Alex Nixon to your Google+ circles.
Subscribe today! Click here for our subscription offers.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Steelers linebackers are getting to quarterback with more regularity
- Pirates win bidding for Korean infielder
- No. 18 West Virginia pounds Wofford, 77-44
- Kids know best: It’s Santa magic
- Steelers notebook: Tomlin won’t ask for taunting clarification from league
- Robert Morris repels winless Delaware, 84-81
- Wear with confidence: Pump up your workout with stylish exercise gear
- Pitt recruit Whitehead remains committed
- Ex-Penguins defenseman Niskanen still miffed by coaches’ firings
- Ronstadt, Eagles among 14 to enter Pop Music Hall
- FBI trains 30,000 officers to confront mass shooters