Washington Basic Health Plan Rates to Rise
According to the Curt Woodward, an AP writer, the health insurance rates that Washington residents pay for the state subsidized Washington Basic Health Plan are set to rise sharply. Monthly premiums will rise from around $37 to roughly $62. In addition, annual deductibles will rise from $150 to $250.
About 100,000 Washingtonians are enrolled in the plan, which is an affordable health insurance option for the “working poor”. Those that make too much to be eligible for Medicaid, but can’t afford to purchase Washington health insurance coverage otherwise.
The number of enrollees in the state subsidized health plan as well will shrink as well, which will help keep the plan solvent. The 100,000 enrollees will be reduced to a projected 65,000 over time. Part of the reduction will be driven by moving people who are eligible for Medicaid over to that plan (roughly 8,000).
More information about Washington health insurance.
