Buffalo-area health insurers file double-digit increases for 2024

Health insurers serving the Buffalo, New York, region are asking the state for double-digit increases in 2024 premiums for small group and individual health insurance plans, The Buffalo News reports. Highmark Blue Cross Blue Shield is requesting an average increase of 22.6% for individuals and 22% for small groups. Independent Health is requesting an average rate increase of 39.2% in the individual market and 16.8% for small groups. Excellus Health Plan filed for an average increase of 15.2% in the individual market and 12.6% for small group.