DeLuca satisfied with insurance rates released today by Insurance Department
HARRISBURG, Oct. 15 – State Rep. Tony DeLuca is happy to announce that the state Insurance Department on Thursday announced the individual and small group health insurance rates for 2021.
DeLuca said the rates, which he noted have stabilized due to Act 42 of 2019, is welcoming news to many across the commonwealth who struggle to secure affordable insurance.
“I’m happy to see the rates coming out of the state Insurance Department,” DeLuca said. “As Democratic chairman of the House Insurance Committee, I made a strong push to move House Bill 3 – which became Act 42 – through the committee so that we could get a vote by the full House. Luckily, this was an agenda item all my colleagues saw of great importance, leading to a near unanimous vote.”
DeLuca said all insurers currently offering coverage in Pennsylvania’s 67 counties will continue to provide plans in 2021 with a statewide average decrease of 3.3% for individual market plans and a 2.1% average increase in the small group market.
This, DeLuca said, presents more options for consumers looking for comprehensive health insurance plans that provide robust benefits.
Recently, Pennsylvania introduced Pennie™, the new state-based health insurance marketplace for 2021 coverage. Pennie is available to all Pennsylvanians and aims to improve the accessibility and affordability of individual market health coverage.
Residents can shop for health and dental coverage through Pennie from Nov. 1 to Jan. 15, 2021. More information is available at www.pennie.com.