Delaware Announces 2023 ACA Insurance Rates

Delaware Announces 2023 ACA Insurance Rates

Regulated 2023 rates for health, dental and small group insurance plans in Delaware do not see the steep increases seen elsewhere.

Longtime Affordable Care Act plan provider Highmark will increase rates by an average of 5.5%. But its prices are down about 10% over the last 4 years.

The increase isn’t as steep here, in part because American Rescue Plan Act grants were extended through 2025, via the Inflation Reduction Act. ACA subsidies reduce consumer costs.

And two new health insurers – Aetna CVS Health and AmeriHealth Caritas are joining the state market for 2023, creating more options and competition.

There are also small increases in some back-of-market small group plans, including the largest state rate increase at 7.6%.

“But overall, compared to other states, the increases are very small. Many states are seeing double-digit increases, largely due to rising prescription and hospital costs,” says Chris Haas, Senior Policy Advisor for the Delaware Department of Insurance.

She adds that another reason Delaware’s rates are more stable is the Hospital Price Growth Act, which, in conjunction with the Office of Value-Based Health Care Delivery, limits hospital price growth. and stimulates investment in primary care.

Open registration is from November 1 to January 15. And Haas says consumers should be wary of the flood of information they will receive during this time.

“Unfortunately, this will include less than reputable health plans that offer little or no coverage and are not regulated by the ACA,” Haas said. “We therefore urge residents to remain vigilant, not to respond to contact you did not initiate, and to use this verified local browser to find the right plan for your needs.”

30 plans are available for Delawares for the 2023 plan year.

Delaware saw a nearly 27% increase in ACA enrollment this year – its largest annual increase on record.


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