Florida O-Care premiums to rise 13 percent on average

Prices on Florida's ObamaCare insurance exchange will rise by an average of 13.2 percent next year, with at least one health plan increasing rates by an average of 23 percent.

The changes, published Monday by state regulators, reveal an uptick in prices on the marketplaces but not the dramatic surge predicted by Republicans and some insurance officials.


On average, eight plans on the Florida exchange will increase prices 11 percent to 23 percent while three will cut rates by 5 percent to 12 percent.

Three new companies will join the marketplace, encouraging prices to remain competitive.

States are wrapping up their efforts to publish 2015 prices on ObamaCare's marketplaces.

Unlike most notices, Florida's includes final rates, as state regulators do not have the authority to veto changes proposed by health insurers.

Each increase or decrease will hit individual consumers differently based on age, location and plan type.

Regulators noted that federal subsidies will also help cushion the blow of some increases, though not every one.