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"Obamacare" insurance plans show only modest premium hikes
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Contributor | RP |
Last Edited | RP Sep 07, 2018 11:42am |
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Category | Report |
News Date | Friday, September 7, 2018 04:25:00 PM UTC0:0 |
Description | Millions of people covered under the Affordable Care Act will see only modest premium increases next year, and some will get price cuts. That's the conclusion from an analysis of the besieged but resilient program, which still sparks deep divisions heading into this year's midterm elections.
Insurers also are starting to come back. Nineteen states will either see new insurers enter or current ones expand into more areas. There are no bare counties lacking a willing insurer.
Tennessee is a prime example of the ACA's flipped fortunes.
Last year, the state struggled to secure at least one insurer in every county. But the state's approved rates for 2019 reflect an 11 percent average decrease. Two new insurers - Bright Health and Celtic- have entered its marketplace, and two others — Cigna and Oscar — will expand into new counties. |
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