Preliminary rates for individual health insurance in Nebraska in 2016 have been released.
Insurance companies are required to submit their rate requests for state and 
federal review before being approved.
BlueCross BlueShield and Coventry have the largest market share in Nebraska. Those two companies have requested rate increases from 12.4% to 16.0%. More information is available at HealthCare.gov (https://ratereview.healthcare.gov) This is the first time under the ACA that insurance companies have had a full year of claims experience from which to base the new rates. Loss ratios ($$ paid for claims / $$ received in premiums) on individual health insurance have exceeded expectations. We are beginning to see the full financial impact of healthcare reform.
Nebraskans could choose from 4 companies in 2015 – BlueCross BlueShield, Coventry Health Care, Time Insurance Company and United Health Care. Time Insurance Company markets their products as Assurant Health. Time has announced that its small group and individual health insurance business is for sale. Time will not be offering products in 2016.
Nebraska will have a new individual health insurance company next year. Medica, a major non-profit health insurance company serving about 1.5 million members in Minnesota, North Dakota, South Dakota, and Wisconsin, has announced its plans to be available in Nebraska in 2016. The Press Release can be found at https://www.medica.com/newsroom/newsroom-home.