Insurers Seek Modestly Higher Premiums For 2019 Georgia Exchange

Some people buying individual coverage will have three or more insurance providers to pick from. Residents of some counties in metro Atlanta will have as many as five options.

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Premium increases of 2 percent to almost 15 percent would seem like bad news for Georgians needing health care coverage.

But the rate hikes proposed by insurers for Georgia’s 2019 insurance exchange appear almost as a relief, compared with huge rate hikes a year ago — more than 50 percent.

The proposed premiums for next year, released Friday by the state insurance department, still can be changed by the four insurers before final approval. The initial filings, though, show “a pretty stable market,’’ said Bill Custer, a health insurance expert at Georgia State University.