South Carolina: *Final* avg. unsubsidized 2024 #ACA rate changes: +4.6% (unweighted; updated)
Originally posted 8/16/23; updated 11/07/23
Unfortunately, South Carolina is another state where they don't make unredacted rate filings available, either on the state insurance dept website, the federal Rate Review website or theĀ SERFF database.
As a result, I'm limited to unweighted averages for both the individual and small group markets:
- Individual Market: +3.7%
- Small Group Market: +8.9%
UPDATED 11/07/23: A couple of interesting modifications were made in the individual market by state regulators: Blue Cross Blue Shield had their rate hikes cut from 6% to 2.7%; BlueCHoice was cut from 2.1% to essentially flat; Cigna will see a 17.8% average increase instead of their requested 10.5% hike; Molina drops from +6.4% to +4.6%; and Select Health, which had planned on reducing premiums by 4.6 points will instead see an average 1.3% increase. Huh.