How did the Department of Insurance come up with the 0 – 1 percent average premium increase for Indiana individual rates for 2016?

Published 10/27/2015 02:09 PM   |    Updated 10/27/2015 02:09 PM
How did the Department of Insurance come up with the 0 – 1 percent average premium increase for Indiana individual rates for 2016?

The Department of Insurance reviewed the premiums in the rate filings for 2015. We then reviewed the premiums in the rate filings for 2016. From this comparison we found the average change to be from 0 - 1 percent premium increase.

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