State approves Obamacare rate hikes for HMSA, Kaiser
HONOLULU (AP) - The state has approved rate hikes for members of Kaiser and the Hawaii Medical Service Association under Affordable Care Act plans.
The Honolulu Star-Advertiser reports that members of HMSA, the state's largest health insurer, will see a 27 percent increase in rates, and Kaiser members will see a 34 percent increase starting next year.
HMSA had proposed an average 49 percent rate hike, which was the highest it has ever requested, for nearly 21,000 members in plans for 2016. Kaiser proposed to raise rates nearly 9 percent for 13,000 members in health care plans.
Approved rates for individual and small groups under the Affordable Care Act have also been released and are available on the state's Insurance Division website.
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