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Dominant Carrier Raises Rate Increase Cap to 50%

In the last year, Providence Benefits has seen rate increases like never before. A 20% rate increase has been on the lower side of 2026.  

But now, a major change from the state's dominant health insurance carrier could make upcoming renewals even more challenging.

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What is SUSTAINABLE GAP?

In the state of Alabama GAP Insurance has a bad reputation because of the many rate increases the plans have had historically. Some companies have been moved to different insurance companies or different Third-Party Administrators 5 or 6 times in the past 6-7 years. [...]