Blue Cross requests 8% rate increase
Providence, RI – Blue Cross Blue Shield of Rhode Island is requesting another rate increase for people who buy their own insurance.
Blue Cross is asking for an average rate increase of 8 percent for members who don't have employer sponsored insurance. The rate changes would affect more than 14,500 Rhode Islanders.
The request must be approved by Health Insurance Commissioner Chris Koller who won't make a decision until next year.
In 2009, the company asked for a more than a ten percent increase for Rhode Islanders who buy their own insurance. Koller reduced that rate to 9.5 percent.
Blue Cross is the only insurance plan in the state that offers so called direct pay insurance.
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