Priority Health announced plans to reduce individual coverage premiums for the third straight year.
Priority Health submitted a variety of product options on the Affordable Care Act marketplace for approval by state regulators that would decrease individual plan premiums by an average of 0.1%.
“Priority Health is offering an average pricing decrease on our individual plans because we remain committed to making health care more affordable,” said Carrie Kincaid, vice president of individual markets. “During these trying economic times, we remain focused on supporting our members and serving the unique needs of the individual market.”
The company will offer a total of 10 plan options, including a new silver plan that offers expanded coverage ahead of deductible, including specialty care and lab work at low copays.
As COVID-19 has made virtual care the new front door to health care, Priority Health also is introducing a new affordable “virtual first” coverage plan, where medical professionals help members navigate the best care options for them, all from the comfort of home.
Priority Health also offers plans with expanded chronic condition care ahead of deductible to support pulmonology conditions, including asthma and COPD, and heart conditions including high blood pressure and high cholesterol.
Priority Health currently serves more than 1 million members each year through its network that includes 97% of primary care physicians in Michigan.