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UnitedHealth Group Inc.
CareFirst asks for average rate increase of as much as 30.4 percent
CareFirst asks for average rate increase of as much as 30.4 percent

The state's largest health insurer has asked Maryland regulators to let it increase premiums by as much as 30.4 percent on average for policies that take effect next year. CareFirst BlueCross BlueShield said the rate increases on its PPO and HMO plans for individuals are needed to help balance the costs of caring for patients who are older or have chronic conditions. The insurer was among five companies that asked the Maryland Insurance Administration for changes in rates on individual plans. The insurance companies also requested increases or drops in the premium rates for plans they sell to small businesses. The Maryland Insurance Administration released the requests Friday. A...

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