Pennsylvania Obamacare insurers lower proposed rates

Published July 23, 2018 7:19pm ET



Pennsylvania’s Obamacare insurers have lowered their average 2019 rate request from 4.9 percent to nearly 1 percent, the state’s insurance regulator said Monday.

Back in June, the state’s insurers on Obamacare’s insurance marketplace asked for a 4.9 percent increase. However, the state said Monday that insurers lowered their requested rates due to a series of factors.

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