Around the PIA Western Alliance States
from PIA Western Alliance
Alaska — Market Stability
Alaska’s Division of Insurance Director Lori Wing-Heier recently gave the Senate’s Health & Social Services Committee a picture of what the state’s health insurance market looks like. And in a word: expensive.Wing-Heier said enrollment numbers are down and that premiums — among the highest in the country — are rising. The individual market is up by 5,867 and the group market increased by 2,972 between the 2014 and 2015. While those figures are up, the number of insurers in the state are down. Aetna and Assurant no longer offer small group market insurance and the individual market has just Premera and Moda and Moda is struggling financially.
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