Blue Cross Considers Raising Rate Through Ga. Obamacare Exchange | WABE 90.1 FM

Blue Cross Considers Raising Rate Through Ga. Obamacare Exchange

Aug 22, 2016

Blue Cross and Blue Shield of Georgia is considering raising the rate for people who get their health insurance from the company through the Obamacare exchange.

This comes days after Aetna released a statement saying it couldn't afford to stay on the Georgia exchange. 

Aetna's exit means roughly 90,000 Georgians will have to look for new coverage this fall. Blue Cross is expected to pick up many of those Aetna members.

And that's why the only statewide insurer is considering raising its premium rates. 

"Because the risk is uncertain of these members and insurance companies hate risk, and they always like to try to figure it out and what’s best for them. And so it’s really not surprising that they’re considering doing something like this,” said Andy Miller the CEO of Georgia Health News.

All insurers have to file their new rate plans by tomorrow at noon.

The U.S. Department of Health and Human Services has the final say on those rates.