KS State Updates - 2015 Jan 22 No.01

On Aug. 25, 2015, the Kansas Insurance Department announced that they had finalized rates for 2016 individual policies sold through the marketplace. The rates increased from 9.4 percent to 25.4 percent compared to 2015 premium rates. The department expects 96 plans to be available through the marketplace, 76 individual plans and 20 group plans. Open enrollment begins Nov. 1, 2015 and runs through Jan. 31, 2016.

While the announcement does not directly affect employers, it is important for employers to understand the marketplace options and they may compare to the employer’s offerings.

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