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Study says Trump moves trigger health premium jumps for 2018
|Last Edited||RP Aug 10, 2017 12:45pm|
|News Date||Thursday, August 10, 2017 04:45:00 PM UTC0:0|
|Description||Actions by the Trump administration are triggering double-digit premium increases on individual health insurance policies purchased by many people, according to a nonpartisan study. |
The analysis released Thursday by the Kaiser Family Foundation found that mixed signals from President Donald Trump have created uncertainty “far outside the norm” and led insurers to seek higher premium increases for 2018 than would otherwise have been the case.
Insurers that assumed that Trump would make good on his threat to stop billions in payments to subsidize copayments and deductibles requested additional premium increases ranging from 2 percent to 23 percent, the report found.
Insurers that assumed the IRS under Trump would not enforce unpopular fines on people who remain uninsured requested additional premium increases ranging from 1.2 percent to 20 percent.