Missouri: Preliminary avg. 2022 #ACA rate changes: +2.3% individual market; +11.8% sm. group; Aetna jumps in

Missouri's insurance dept. has released the proposed 2022 rate filings for both the individual and small group markets. Overall, individual market carriers are requesting rate hikes of 2.3% on average, while the small group market carriers are asking for an average 11.8% increase.

It's worth noting that each market has a new entrant for 2022: Aetna is joining the individual market while Cigna is jumping into the off-exchange Small Group market.

The differences in enrollment noted for some carriers is likely due to some product lines being discontinued--for instance, if Celtic drops premiums by 3.1% on most of their policies but discontinues some others entirely, those enrolled in the discontinued lines won't have any official rate change to their existing policies.