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Report: Economic Drivers of New 2015 Health Insurance Rates

June 20, 2014

As insurers file 2015 health insurance rates for marketplace plans, a new report details the factors most likely to influence or drive those calculations. The Robert Wood Johnson Foundation-funded report explains the rate review process, typical drivers of price, the impact of political and economic forces on insurance premiums, and more.

Researchers from the University of Pennsylvania’s Leonard Davis Institute of Health Economics explain why proposed marketplace rates for 2015 will likely vary widely across states, due to geographic differences in the projected cost of medical claims, authority levels and market conditions. Projected administrative expenses will also impact premiums in 2015 and beyond.

"All eyes are on states where new proposed rates will be announced," said Katherine Hempstead, who leads coverage issues at the Robert Wood Johnson Foundation. "Many factors go into rate setting, and one thing we can expect is lots of variation from state to state." 

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