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Insurance regulators say ACA individual plan costs will spike in 2015

The average price of health insurance for Floridians who purchase it on the individual market will rise by 13.2 percent, according to rate proposals released by the Office of Insurance Regulation. The proposal includes 14 companies that filed plans complying with the Affordable Care Act’s individual market in 2015, the Miami Herald said. Of 11 returning plans, eight expect rate increases ranging from 11 to 23 percent while three companies reported rate decreases. Gov. Rick Scott said the data… Reported by bizjournals 5 hours ago.

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