In 2013, Small Group Health Insurance Rates Increased By 7.1%

The average small-group rate increase was 7.1% in 2013 over the previous year. In 2012, small group insurance rates increased by 4.7% over the previous year. In the individual market, the average increase was 10.3%, up, from 7.1% the previous year.

About 18% of small group enrollees in 2013 were affected by premium rate increases of 10% or more, compared to 9.7% of enrollees in 2012. In the individual market, about 41% of people were affected by rate increases of 10% or more in 2013, up from 17% in 2012.

The statistics were reported . . .