Louisiana: Preliminary avg. 2021 ACA premiums: +6.9% indy, +5.2% sm. group (unweighted)
Fri, 10/16/2020 - 9:37am
Louisiana joins the disturbingly-long list of states where the 2021 individual & small group market rate filings are either completely missing or heavily redacted, thus making it impossible for me to break out the market share by carrier and thus running a weighted average rate change.
I really hope this trend is reversed in the future, whether via HHS transparency regulations or through legislation.
In any event, the unweighted average rate increase for the Louisiana indy market is around 6.9%, and for the small group market it's roughly 5.2%.