TribLIVE

| Business

 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Aetna wants to raise rates on HMO plans for individuals

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

AET $48.61 +$0.27

at close on WEDNESDAY

Daily Photo Galleries

'American Coyotes' Series

Traveling by Jeep, boat and foot, Tribune-Review investigative reporter Carl Prine and photojournalist Justin Merriman covered nearly 2,000 miles over two months along the border with Mexico to report on coyotes — the human traffickers who bring illegal immigrants into the United States. Most are Americans working for money and/or drugs. This series reports how their operations have a major impact on life for residents and the environment along the border — and beyond.

Wednesday, Jan. 23, 2013, 3:48 p.m.
 

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

Most-Read Stories

  1. Marte’s 2 fine defensive plays rescue Pirates in victory over Reds
  2. Pirates trade for Dodgers 1B/OF Morse, Mariners LHP Happ
  3. Rossi: Nothing huge, but Huntington helped Bucs
  4. Steelers OLB coach Porter teaches as passionately as he played
  5. Inside The Steelers: LB Williams dominates backs-on-backers drill at Latrobe Memorial Stadium
  6. 2014 showing has Steelers RB Harris confident he belongs
  7. Armstrong inmate escapee charged with murdering family matriarch
  8. Pirates place Burnett on 15-day disabled list
  9. LaBar: Piper’s influence can’t be understated
  10. Red Onion reunion possibly the last for Hempfield coal mining village
  11. Comets hold life building blocks