Ohio health plan raises premiums by more than $1,000

CARSON, Ohio (AP) — Ohio health plans raised their rates for 2019 by more $1.8 million, making the average premium in the state more expensive than in 2016, an AP analysis shows.

The Ohio Department of Insurance also increased the monthly premium by about $300, and the average monthly benefit by about two dollars.

That means the average cost for an Ohio family of four rose from $4,100 in 2016 to $4.16 in 2019.

For 2018, the average rate increase was about $200, and for 2019, it was about half a million.

The average monthly premium went from $3,700 in 2016 for a family of five to $3.63 in 2019 for a four-person family.

The rate increases were in line with other states that have seen price hikes, including New York, Connecticut, Vermont and Illinois.

Ohio health plans said the hikes were due to rising costs for patients, the Affordable Care Act and other factors, including increased costs of care, the state said in a news release.

Ohio Health Plans and the Ohio Department on Aging are working with the Department of Finance and the Office of State Insurance to address the increases, the news release said.

The department is also working with other Ohio health care providers to help address the increased costs and help cover the cost of care.