END OF 2018 OPEN ENROLLMENT PERIOD (42 states)

Time: D H M S

Delaware: Approved *unsubsidized* 2017 rate hikes: 30.2% (indy mkt), 6.9% (sm. group mkt)

My original estimate for the average unsubsidized rate hikes for Delaware's individual market back in June was 30.6%. Today the DE Dept. of Insurance issued their final approved rates, including the small group market:

Insurance Commissioner Karen Weldin Stewart today released Delaware’s Qualified Health Plan average rates for Plan Year 2017.

The Commissioner recommended approval of a 32.5 % average rate increase in the individual market for Highmark Blue Cross Blue Shield of Delaware. The approved average rate increase for the small group market for Highmark’s plans is 2.74%.

Aetna Life Insurance Company received an average of 22.8 % increase in the individual market and Aetna Health Insurance Company received an average increase of 23.6 %. In the small group market, Aetna Life received an average increase of 15.2 % and Aetna Health received an average increase of 19.7 %.

The Commissioner, after a thorough actuarial review of rate requests submitted by the insurers’ in June, submitted her approved rates to the Centers for Medicare & Medicaid Services (CMS) in August. CMS subsequently conducted a final review of the Aetna Health and Aetna Life requests and concurred with the Commissioner’s recommendations.

The Aetna Health rate reflects a 1.4% reduction of the insurer’s individual rate request made in June, and Aetna Life’s rate is a 1.1% reduction of its June request. In the small group market, Aetna Health’s rate reflects a 3.5% reduction of the original request, and Aetna Life’s rate is 3.4% less than requested.

In June I wasn't able to find all of the market share numbers for the various carriers, but today I was able to fill in the missing fields for both the indy and small group markets; here's what it looks like altogether:

Note: The market share numbers for Aetna Health/Life on the Small Group market are questionable; the filings lump both divisions together, and just list the number of "member months" (109,401) last year, not the actual number of covered lives. I therefore divided this by 12 months (9,116) and then split that in half.