Washington state approves nearly 14 percent Obamacare rate hike

Published September 12, 2018 8:23pm ET



Washington state’s insurance regulator approved an average 13.8 percent increase for Obamacare plans for 2019, bashing the Trump administration for the hike.

The state approved seven Obamacare insurers on Wednesday to sell plans on the law’s exchanges for 2019, with an average rate increase of 13.8 percent. The final rate is below the proposed rate request from the insurers earlier this year of 19.8 percent.

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