The Maryland Insurance Administration posted the proposed rates for 2016 health insurance plans. Three carriers proposed rate decreases -- All Savers/United Healthcare; Cigna; and United Healthcare of the Mid-Atlantic. Three carriers proposed increases - CareFirst's were the highest ranging from 27% to 30% across three plans.
The Coalition and 22 other organizations submitted comments to the MIA. Included was a detailed analysis of proposed rates for CareFirst. This was prepared by Jay Angoff of Mehri & Skalet, the first director of the HHS Office of Consumer Information and Insurance Oversight.
A recently released report from Express Scripts supports our contention that CareFirst’s proposed rates are too high. The findings show that younger and healthier people purchased plans in 2015. We would expect that to continue in 2016. That would lower the projected costs used by CareFirst to determine their rates.