Health Insurance Rate Increase Justifications

Below is a list of health insurance rate increases by company and product that are 10% or greater. Information on each rate increase can be accessed by clicking on the name of the company below:

Premera Blue Cross Blue Shield of Alaska

Threshold Rate Increase: 12.41%
Market: Small

Products:

HP - ABA, HS HSA - ABA, Select - ABA

Time Insurance Company

Threshold Rate Increase: 16.00%
Market: Small

Products:

REAL CHOICES

John Alden Life Insurance Company

Threshold Rate Increase: 16.00%
Market: Small

Products:

REAL CHOICES

Celtic Insurance Company

Threshold Rate Increase: 25.00%
Market: Individual

Products:

Celtic Basic 1.0/2.1/2.2, CeltiCare 3.1, CeltiCare II, CeltiCare Preferred 5.0/5.1, HSA 1.0, HSA 2.0/2.1/3.0

The MEGA Life and Health Insurance Company

Threshold Rate Increase: 11.93%
Market: Individual

Products:

Basic Hospital Expense Plan, Basic Hospital/Medical-Surgica, Prefered Provider Organization

Comments or questions about any of the above health insurance rate increases can be e-mailed to insurance@alaska.gov.