A Public Comment Period Has Been Requested on Proposed 2024 Insurance Rate Increases in Pennsylvania

The Pennsylvania Insurance Department (PID) announced a public comment period on health insurance marketplace rates for the 2024 enrollment period. While the average 2024 Rate Increase of 4.2% is tracking below the current medical information rate and represents a smaller increase according to PID, health insurance coverage affordability is a message health center enrollment assisters hear consistently. The same insurers from 2023 will remain in the market to provide coverage options: Capital Blue Cross, Cigna, Geisinger, Highmark, IBX, Oscar, Ambetter, and UPMC. Highmark plans to expand into Bucks, Chester, Delaware, Montgomery, and Philadelphia Counties. Geisinger plans to expand into Bedford County. Public comment on rate requests and filings will be accepted through Sept. 8, 2023, and can be emailed to [email protected].

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