Highmark Inc., one of the ten largest health insurers in the United States that serves Pennsylvania, is seeking to boost rates on its Obamacare plans by 48.1 percent next year, the Pittsburgh Post-Gazette reported. The hike is the highest sought among health insurers in the state.
“The Blues affiliate reported losing a total of $812 million on the insurance line in 2014 and 2015, and said losses would reach another $500 million by July,” the article states.
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