Americans in markets across the country could be looking at double-digit premium hikes under ObamaCare next year, according to a new study that's already fueling election-year finger-pointing.
The Kaiser Family Foundation report found premiums for popular low-cost plans under the health care law are projected to increase an average 11 percent in 2017.
Among the sharpest projected increases are: 26 percent in Portland, Ore.; 21 percent in the District of Columbia; and 16 percent in New York City.
The study focused on the two least-expensive -- and very popular -- "silver" policies. It specifically examined the impact of rising premiums on those whose income exceeds the limit to get government subsidies to defray the cost of mandatory insurance.
The income cutoff for those tax credits is $47,520 for an individual and $97,200 for a family of four.
"Several factors will influence how premiums will change in 2017, and there is reason to believe that increases will be higher than in recent years," the report said.
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4 comments:
Boy, it was a good thing that I could keep my doctor and my health plan! Thanks, O!
My family will be happy to save $2,500. When is that supposed to happen?
Who even has obamcare insurance? I don't know a single person or family that has it or was "forced" to get it.
My family has it because we are self-employed and Maryland dropped their program for small businesses. Believe me, Obamacare sucks! You have to realize that health insurance is not the same as health care. We pay $1,400 per month in premiums and have a $5,000 deductible. That means we have to pay $23,800 each year BEFORE the insurance pays anything. Yeah, we have health insurance but we can't afford to use it.
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