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Hoosiers Could See Big Cost Increase For Obamacare Policies

It looks like most Hoosiers in the Obamacare health exchanges will see hikes in premiums in 2015.

Proposed changes in premiums over 2014 could mean hikes of as much as 46-percent while some will see cuts of as much as 9-percent.

Anthem Blue Cross and Blue Shield, the state’s largest insurer, wants to raise premiums an average of 9.7 percent which would mean that the the average premium next year would be $5,935 per person.

Insurers say that the hikes are due to more older people signing up.

They need more health care and that is leading to premium deficiencies and the need for price hikes.

Indianapolis-based MDwise Inc is proposing a hike of 35% but says that number will likely change.

 The Indiana Department of Insurance must approve any rate increases before they go into effect.