DE to Get Lower ACA Rates, Rebates

Lower rates for the second straight year.
September 9, 2020

Delaware consumers who use the Affordable Care Act (ACA) marketplace will see lower rates for the second straight year, according to the Delaware Department of Insurance. Despite insurer costs related to COVID-19 testing and treatment for the past six months, Delaware Insurance Commissioner Trinidad Navarro says rates will decrease 1% in 2021, following a 19% drop this year. Navarro says, “This year it was a much smaller decrease. But what it’s really telling us is — the market is starting to level out.”

Navarro’s office also announced that some $21.5 million in rebates will go to 2019 ACA customers through the sole ACA provider in the state, Highmark Blue Cross Blue Shield Delaware. Highmark is required to spend 80 percent of the collected premium dollars on medical care and quality care measures. If the cost of care is less than the 80 percent on a given year, the excess funds go back to consumers.


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