Washington state health insurers propose lowest rate increase in Affordable Care Act era

Health insurers have proposed an average rate increase of less than 1% for the individual market after three years of double-digit rate increases in premiums. The proposed lowering of average rates to 0.96% is attributed to the stability of Washington’s individual market and should help people buying health insurance through the Washington Health Benefit Exchange, said Pam MacEwan, CEO of the Exchange.