ACA Plans Released from Pennsylvania Insurance Department

Pennsylvania Insurance Commissioner Jessica Altman announced eight insurers will be offering health insurance plans through Pennie for the 2022 plan year. Insurers on the individual market filed rates with an average increase of 2 percent and small group market an average of 4.8 percent over the average previous decreases of 2.6 percent for the 2021 plan year individual market. Twenty-two counties will gain one additional insurer and 3 counties will gain two insurers. Cigna Health and Life Insurance Company, new to the ACA market in Pennsylvania, will be offering coverage in Southeast PA: Bucks, Chester, Delaware, Montgomery and Philadelphia counties.

According to the most recent data, 90 percent of Pennie customers are receiving financial assistance in purchasing a marketplace plan due to provisions of the American Rescue Plan Act.