Geisinger Health Plan Wants to Increase Rates
Jerry Lynott in the Times-Leader reports that Geisinger Health Plan has filed requests to increase its rates with the Pennsylvania Department of Insurance.
Geisinger wants to raise its rates by 5.5% for employers with less than 51 health care subscribers, and 7.1% for groups with more than 51 members. The rate increases will impact about 49,000 members with employer-sponsored health plans.
If the state doesn’t take some action by February 12, the rate increases will go into effect in April 1. (While that is April Fool’s Day, the Geisinger health insurance premium increases are, unfortunately, real.)
Geisinger is one of the largest providers of Pennsylvania health insurance.
(Photo credit: Nikki Spickard under CC 2.0)
