Remember, there is no such thing as Obamacare anymore





It's sign-up season for the Affordable Care Act, but the Trump administration isn't making it easy—cutting the enrollment period in half, slashing advertising and dialing back on counselors who help consumers get through the process.

Many people already faced fewer choices and higher premiums. But President Donald Trump's decision to cancel a subsidy to insurers that lowers consumer costs compounded the turmoil, pushing premiums even higher.

Add it all up and the number of uninsured people may start rising again, eroding gains that drove the uninsured rate to a historic low.


Trumpcare: Skyrocketing premiums, fewer choices, more uninsured Americans.


Premiums rising 34 percent for most popular health plan

WASHINGTON (AP) — Premiums for the most popular “Obamacare” plans are going up an average of 34 percent, according to a study Wednesday that confirms dire predictions about the impact of political turmoil on consumers.

Window-shopping on HealthCare.gov went live Wednesday, so across the country consumers going online can see the consequences themselves ahead of the Nov. 1 start of sign-up season for 2018.

The consulting firm Avalere Health crunched newly released government data and found that the Trump administration’s actions are contributing to the price hikes by adding instability to the underlying problems of the health law’s marketplaces.
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Avalere said market instability is driven by Trump’s recent decision to end subsidy payments to insurers, the continued debate over “Obamacare” repeal and replace, and a presidential executive order that could open a path for lower cost plans outside of the Obama-era law.

“You put all that together, and there are a lot of additional forces on top of market forces driving high premium increases for 2018,” said Chris Sloan, a senior manager with the health industry consulting firm.

https://www.heraldandnews.com/news/local_news/business/premiums-rising-percent-for-most-popular-health-plan/article_48246610-9a48-5024-858e-044b8277fc52.html

Last edited by Goose (10/30/2017 5:25 am)