Monday, March 19, 2018

PPACA Premiums Could Rise 12-32% Next Year

... Consumer behavior itself, such as the mix of enrollees and their use of health services, is likely to increase premiums by 7 percent in each of the next three years.

Milliman, which conducted the analysis, said the cumulative effect is that premiums could rise by more than 90 percent through 2021.

Expected rate increases will vary wildly across the nation, analysts warned, but said states that promote their markets or take steps to regulate prices down would fare better than others.

Taxpayer-funded subsidies will blunt rising costs for most people on Obamacare's exchanges, but several million Americans will take it on the chin. ...