HHS Analysis Says Subsidies Will Help Buffet Consumers From Marketplace Turmoil
The government analysis finds that subsidies to help pay premiums will protect people buying coverage on the health law's marketplaces even as the number of insurers offering plans decreases and insurers set steep premium increases.
Obamacare Subsidies Preserve Access As Premiums Climb, U.S. Says
Most buyers of Obamacare plans won’t see their costs jump, even if premiums increase next year, because of government subsidies, the U.S. said in a study that pushes back on reports of challenges facing the health-coverage overhaul. Government contributions to premiums will mask the rise in costs for most buyers on the program’s exchanges, according to the report from the U.S. Health and Human Services Department. The study comes amid mounting reports of skyrocketing premiums. (Tracer, 8/24)
HHS Says 2017 Obamacare Plans Will Still Be Affordable Despite Insurer Exits
The Obama administration is fighting the notion that recent bad news for the Affordable Care Act marketplaces, including multiple insurers pulling out and reports of skyrocketing premium rates, will sink the exchanges. HHS released an analysis Wednesday arguing that expected increases in premiums for 2017 plans in the ACA marketplaces will not make the plans unaffordable. (Muchmore, 8/24)