Archive for Tuesday, October 27, 2015

HHS says cost of ‘silver’ health plans to rise in Kansas

October 27, 2015

— The federal government says rates will increase by 16.1 percent for Kansas residents who buy middle-of-the-road "silver" health coverage plans through its online marketplace.

The U.S. Department of Health and Human Services released a report Monday showing that the increase in Kansas is higher than the average for 38 states in which consumers rely on the federal exchange. The average change in those states is a 7.5 percent increase.

Silver plans pay 70 percent of costs on average.

HHS says about 96,000 Kansas residents enrolled in coverage for this year through the exchange set up by the 2010 federal health care law. Enrollment for next year begins Nov. 1.

The federal agency said many Kansas residents seeking coverage through the exchange are eligible for tax credits to offset the cost.

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