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CareFirst, Kaiser to raise individual rates by 33% average in 2018

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Maryland's individual market health insurance rates are set to increase by an average of 33 percent in 2018, lower than the 43 percent originally proposed. The Maryland Insurance Administration approved premium rate hikes for individual and group health plans amid local and national debates surrounding climbing insurance prices under the Affordable Care Act. CareFirst BlueCross BlueShield, which has about 75 percent market share and 177,000 members in Maryland, will see average increases of 34.5…

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