| Press Release
Under Affordable Care Act, Two-Thirds of BCBSNC’s Individual Customers Expected to See Rate Increases in Line with Recent Years or Decreases; One-Third to See Larger Increases
“Beginning next year, individuals who buy their own health insurance will feel a wide variety of impacts as new components of the ACA take full effect,” said Patrick Getzen, BCBSNC vice president and chief actuary. “The ACA expands access to coverage and increases benefits. This is a good goal, but it comes with a cost. Subsidies will offset the higher cost of premiums for some of our customers, but more sick people in the insurance pool, more benefits, and new taxes and fees will drive rates up.”