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Press Release

OIR Announces 2020 PPACA Individual Market Health Insurance Plan Rates
Friday, August 23, 2019
Contact Info:

Karen Kees
(850) 413-2515
Press@floir.com          ​

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TALLAHASSEE, Fla. – The Florida Office of Insurance Regulation (OIR) announced today that premiums for Florida individual major medical plans in compliance with the federal Patient Protection & Affordable Care Act (PPACA) have been approved. Following OIR’s rate filing review, the average state-wide approved rate change on the Exchange is 0.0 percent beginning January 1, 2020. 

A total of ten health insurance companies submitted rate filings for OIR’s review in June with final rate determinations due by August 22, 2019, per federal guidelines. This information can be located in the Individual PPACA Market Monthly Premiums for Plan Year 2020 document available
here. Consumers are encouraged to review their coverage options on HealthCare.gov as some may experience changes in the amount of their after-subsidy premiums.

Federal review of the rate filing information has not been finalized by the Department of Health & Human Services and is subject to change. Further information can be obtained from each insurance company, the Federal Government's 
website, OIR’s IRFS Filing Search System, and OIR’s Federal Health Care Insurance Reform webpage.​

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Contact Info:

Karen Kees
(850) 413-2515
Press@floir.com          ​

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About the Florida Office of Insurance Regulation

The Florida Office of Insurance Regulation has primary responsibility for regulation, compliance and enforcement of statutes related to the business of insurance and the monitoring of industry markets. For more information about OIR, please visit our website or follow us on Twitter @FLOIR_comm.

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