The Affordable Care Act (ACA) requires that insurers planning to increase plan premiums submit their rates to the Alabama Department of Insurance for review.
The rate review process is designed to improve insurer accountability and transparency. It ensures that experts evaluate whether the proposed rate increases are based on reasonable cost assumptions and solid evidence. The ACA also requires that a summary of rate review justifications and results be accessible to the public in an easily understandable format. The Federal HealthCare.gov Rate Review website is designed to meet that mandate. For more information, see https://ratereview.healthcare.gov/.
The information is provided in the tables below. Also attached are links to the redacted actuarial memorandum, which support these changes. The rate changes are being proposed and reviewed by the Alabama Department of insurance (ALDOI). As soon as they are final, they may be purchased on the Federal Exchange or through private agents and brokers. The programs will be effective beginning on January 1, 2023.
If you wish to submit a comment please use the form available at the following link: http://www.aldoi.gov/Consumers/FileComplaint.aspx
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Proposed Rate Changes for Affordable Care Act Policies
In the Individual Market
Changes proposed to be effective January 1, 2023 |
|
Blue Cross and Blue Shield of Alabama |
|
Product |
Sold on Exchange? |
Requested Rate Change |
|
Blue HSA Gold |
Off |
4.2% |
|
Blue Value Gold |
On and Off |
4.1% |
|
Blue Secure Silver |
Off |
1.6% |
|
Blue Value Silver |
On and Off |
3.9% |
|
Blue Saver Bronze |
On and Off |
3.4% |
|
Blue Protect |
On and Off |
1.2% |
|
Blue HSA Bronze |
On and Off |
4.0% |
|
Blue Cross Select Gold |
On and Off |
4.1% |
|
Blue Cross Select Silver |
On and Off |
4.0% |
|
Blue Saver Silver |
Off |
2.1% |
|
Blue Saver Silver EPO |
On and Off |
4.2% |
|
Blue Standardized Gold |
On and Off |
0.0% |
|
Blue Standardized Silver |
On and Off |
0.0% |
|
Blue Standardized Silver EPO |
On and Off |
0.0% |
|
Blue Standardized Bronze |
On and Off |
0.0% |
|
Bright Health Insurance Co of Alabama |
|
Product |
Sold on Exchange? |
Requested Rate Change |
|
Gold 2000 |
On and Off |
0.9% |
|
Bronze 5100 HSA |
On and Off |
6.5% |
|
Silver $0 Medical Deductible |
On and Off |
4.0% |
|
Bronze 7500 |
On and Off |
13.0% |
|
Silver 4900 |
On and Off |
7.3% |
|
Silver 3000 |
On and Off |
7.6% |
|
Silver $0 Medical Deductible |
Off |
2.0% |
|
Gold $0 Deductible + Adult Dental & Vision |
On and Off |
4.1% |
|
Bronze $0 Medical Deductible |
On and Off |
11.8% |
|
Silver 4000 HSA |
Off |
0.0% |
|
Silver 5800 |
On and Off |
7.4% |
|
Silver $0 Medical Deductible + Adult Dental & Vision |
On and Off |
0.0% |
|
Silver 3000 + Adult Dental & Vision |
On and Off |
0.0% |
|
Silver 4900 + Adult Dental & Vision |
On and Off |
0.0% |
|
Silver 5800 + Adult Dental & Vision |
On and Off |
0.0% |
|
Silver 6950 Copay + Adult Dental & Vision |
On and Off |
0.0% |
|
Silver 6950 Copay |
On and Off |
0.0% |
|
UnitedHealthcare Insurance Company |
|
Product |
Sold on Exchange? |
Requested Rate Change |
|
UHC Bronze Value $7,500 Deductible |
On & Off |
15.0% |
|
UHC Bronze Essential $9,100 Deductible |
On & Off |
0.0% |
|
UHC Bronze Value HSA |
On & Off |
0.0% |
|
UHC Bronze Standard $9,100 Deductible |
On & Off |
0.0% |
|
UHC Bronze Standard $7,500 Deductible |
On & Off |
0.0% |
|
UHC Bronze Essential $6,350 Deductible |
On & Off |
0.0% |
|
UHC Silver Value $4,000 Deductible |
On & Off |
14.6% |
|
UHC Silver Value $3,300 Deductible |
On & Off |
12.7% |
|
UHC Silver Advantage |
On & Off |
13.8% |
|
UHC Silver Advantage $0 Deductible |
On & Off |
0.0% |
|
UHC Silver Standard |
On & Off |
0.0% |
|
UHC Gold Value |
On & Off |
11.2% |
|
UHC Gold Advantage+ |
On & Off |
12.3% |
|
UHC Gold Standard |
On & Off |
0.0% |
|
Celtic Insurance Company |
|
Product |
Sold on Exchange? |
Requested Rate Change |
|
Ambetter Clear Bronze |
On & Off |
0.00% |
|
Ambetter Choice Bronze HSA |
On & Off |
0.00% |
|
Ambetter Everyday Bronze |
On & Off |
0.00% |
|
Ambetter Clear Silver |
On & Off |
0.00% |
|
Ambetter Focused Silver |
On & Off |
0.00% |
|
Ambetter Everyday Silver |
On & Off |
0.00% |
|
CMS Standard Bronze |
On & Off |
0.00% |
|
CMS Standard Expanded Bronze |
On & Off |
0.00% |
|
CMS Standard Silver |
On & Off |
0.00% |
|
CMS Standard Gold |
On & Off |
0.00% |
|
Ambetter Elite Bronze |
On & Off |
0.00% |
|
Ambetter Clear Bronze + Vision + Adult Dental |
On & Off |
0.00% |
|
Ambetter Choice Bronze HSA + Vision + Adult Dental |
On & Off |
0.00% |
|
Ambetter Everyday Bronze + Vision + Adult Dental |
On & Off |
0.00% |
|
Ambetter Clear Silver + Vision + Adult Dental |
On & Off |
0.00% |
|
Ambetter Focused Silver + Vision + Adult Dental |
On & Off |
0.00% |
|
Ambetter Everyday Silver + Vision + Adult Dental |
On & Off |
0.00% |
|
Ambetter Elite Bronze + Vision + Adult Dental |
On & Off |
0.00% |
|
US Health and Life Insurance Company |
|
Product |
Sold on Exchange? |
Requested Rate Change |
|
Ascension Personalized Care Balanced Bronze 1 |
On & Off |
0.00% |
|
Ascension Personalized Care Balanced Bronze 2 |
On & Off |
0.00% |
|
Ascension Personalized Care No Deductible Bronze |
On & Off |
0.00% |
|
Ascension Personalized Care Balanced Silver |
On & Off |
0.00% |
|
Ascension Personalized Care No Deductible Silver |
On & Off |
0.00% |
|
Ascension Personalized Care Low Premium Silver |
On & Off |
0.00% |
|
Ascension Personalized Care Standard Expanded Bronze |
On & Off |
0.00% |
|
Ascension Personalized Care Standard Silver |
On & Off |
0.00% |
|
Ascension Personalized Care Standard Gold |
On & Off |
0.00% |
Redacted Actuarial Memorandum for each company:
Blue Cross Blue Shield
Bright Health
Celtic Insurance Company
United Healthcare
US Health and Life