Premiums for popular Obamacare plans to drop 4 percent

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Premiums for key ACA plans will drop by 4 percent on average next year, with several states seeing double-digit declines

Premiums for key plans sold on HealthCare.gov will drop by 4 percent on average next year, with several states seeing double-digit declines, the Trump administration said this morning.

health, just 12 percent of enrollees live in a county with only one insurer selling 2020 plans, down from 20 percent in 2019.Health and Human Services Secretary Alex Azar, boasting about results on a press call with reporters, said President Donald Trump “the president who was supposedly trying to sabotage this law has been better at running [Obamacare] than the guy who wrote the law.

About two-thirds of enrollees receiving subsidies, who make up about 87 percent of the market, will pay less than $75 per month in premiums if they keep the same level of coverage, and about one-third will pay under $10 per month. “These premiums are still unaffordable by many,” Azar said, contending that the law remains fundamentally flawed and must be replaced. “This is not a workable way for Americans to finance the care they need … but we are headed in the right direction.”

 

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Lol they are scared of medicare for all..how much did they rise last year will this make much difference to the average cost?

You mean Trump Healthcare plans? Ask this woman who had emergency surgery what she thinks of Trump Healthcare. Her insurance company paid $6000 and stuck her with $40,000 in bills. Drug Prices have risen 51% since Trump came into office.

Wasn't that the whole point that the more people sign on, the less it would cost?

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