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OLYMPIA, Wash. – Insurance Commissioner Mike Kreidler has approved a record low average rate decrease of 

-3.25% for Washington’s 2020 individual health insurance market. Two new health insurers - PacificSource Health Plans and Providence Health Plan - are also entering the market. 

“Despite the Trump administration’s effort over the last two years to sabotage the Affordable Care Act, the record average rate decrease and interest by insurers is evidence that our market is stabilizing,” said Kreidler. “We have more work to do to lower the cost of health care and to help lower out-of-pocket costs, but more choice and lower premiums are welcome news.”

Open enrollment for the individual market runs Nov. 1 - Dec. 15. Consumers can shop for plans in Washington's Exchange (www.wahealthplanfinder.org). Find 2020 individual plans and premiums.

2020 Individual market health insurers by county (PDF, 200.25 KB)

Approximately 248,000 people who don’t get coverage from their employer must buy their own health insurance through the individual market, with most shopping on the Exchange. In Washington, 65% of people who buy plans on the Exchange qualify for subsidies that help lower their monthly premiums.

2020 Individual health insurers and their approved rate changes

 

Requested average rate change

Approved average rate change

Sold inside/outside Exchange

Asuris Northwest Health

 -4.43%    

-1.81%

Outside

BridgeSpan Health Company

-1.93%

2.55%

Both

Coordinated Care Corporation

10.16%  

0.31%

Inside

Health Alliance Northwest Health Plan

0.93%

 -5.41%

Outside

Kaiser Foundation Health Plan of the Northwest   

5.83%

5.25%

Both

Kaiser Foundation Health Plan of Washington

0.40%  

-4.33%

Both

LifeWise Health Plan of Washington

-5.89%

-4.01% 

Both


Molina Healthcare of Washington

 -6.97%

 -9.15%

Inside

PacificSource Health Plans   

New

New

Both

Premera Blue Cross

 -7.26% 

-5.99%

Inside

Providence Health Plan

New

New

Both

Regence BlueCross BlueShield of Oregon

 -5.57%

 -2.70%

Outside

Regence BlueShield
 -5.62%
-2.56%
Outside
Total requested average* change
*based on weighted enrollment
0.96%
-3.25%
 
 

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