2015 health insurance rates up in Santa Rosa County

Premiums for individual major medical plans in Florida that are compliant with the federal Patient Protection & Affordable Care Act (PPACA) regulatory requirements will go up an average of 13.2 percent in 2015, according to data  provided to the Florida Office of Insurance Regulation (Office) by insurance providers.

In Santa Rosa County a basic scenario shows rates will jump from an average 2014 monthly premium cost to families of $387 to $531 in 2015, an increase of $144 each month. The rising premiums come on the heels of a 37 percent average increase in the combined individual and small group plan rates in 2014, per a study released in April by Morgan Stanley.

Read more in the Aug. 7 issue of Navarre Press or subscribe online here.

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