by Countable | 10.26.17
Axios reports, with only six days until the next ACA open enrollment period begins on November 1, that premiums next year are going up, potentially by a lot, depending on where you live. They surveyed all the states and put together some useful infographics to show the likely changes across the board.
So-called ‘benchmark’, or middle of the road, plans are projected to go up by an average of 38%. The good news?
"Because of the way states and insurance companies dealt with the uncertainty around the ACA's cost-sharing subsidies, many people will now be able to get more comprehensive "gold" plans for a lower premium than the middle-of-the-road benchmark."
About those cost sharing subsidies? According to the Wall Street Journal, "A California federal judge on Wednesday said he wouldn’t force the Trump administration to continue paying insurers for providing health-coverage discounts to lower-income consumers."
The ACA requires insurers to provide these cost-sharing subsidies and about seven million people who buy health plans on the ACA’s insurance exchanges get them. Without the federal government reimbursing the insurance companies for the associated costs, Democrats fear the healthcare exchanges will fall apart.
There may be bipartisan hope on the horizon. however. Legislation formulated by Sen. Lamar Alexander (R-TN) and Sen. Patty Murray (D-WA) has been scored by the Congressional Budget Office (CBO). According to the CBO report released Wednesday, reported by the Journal, the bill is projected to reduce the deficit by almost $4 billion over the next decade without significantly affecting the number of people who have coverage.
The plan does include reinstituting the cost-sharing payments, as well as giving states more flexibility in implementing the ACA and expanding access to lower-cost, lower-benefit plans. As a result of the lower-cost plans, the CBO anticipates that some consumers’ premium costs would drop.
The bill won’t be enacted until after the open enrollment period begins Nov. 1, though, so it won’t help premiums for 2018.
Democrats universally support the plan, but some in the GOP do not because it leaves so much of the ACA in place. President Trump is still a wild card.
Given the Axios reporting, is your premium likely go up next year? By how much? Do you receive cost-sharing reductions on your premium? Could you afford insurance if you didn’t? Do you support the bipartisan plan? If the bipartisan measure passes, would you purchase a lower-cost, lower benefit plan?
Tell us in the comments what you think, then use the Take Action button to tell your reps!
— Asha Sanaker
(Photo Credit: Pixabay / Creative Commons)
Bipartisan Health Care Stabilization Act of 2017 — Congressional Budget Office Report
Written by Countable
The GOP simply wants to go back to the ER being flooded with those without insurance. They don’t care about anybody but themselves. If you don’t have a job that offers it then you aren’t worthy of insurance as far as they’re concerned. All part of Adolf’s MAGA fiasco.
Other countries solve this quite handily with a public option or universal healthcare. This is a solved problem, the GOP just doesn’t want to acknowledge the fact.
You need to stop playing with people lives
I look around and I see a lot of other countries that have equal or better healthcare at lower cost. We continue to miss the idea that the fix doesn't come from doctors or drugs. In most cases it comes down to preventive care. Which can be largely attributed to diet and exercise. The FDA has been inadequate for solving this problem and the food and drug companies are exploiting this fact. Dollar for dollar the long term fix clearly lies in preventive solutions. Once we have enough healthy people no one will need to worry about the day they really need help. Premiums would lower and more money could go into research and development. Yet another case where major corporations and the free market has failed to check it's self. This is where a true democratic government would step in and make the difference.
This is unconscionable. Prevention does wonders for our health, but lives all end in death. Aging, with or without health practices, brings illnesses for most of us. Disability happens. The ruthlessness of many elected Republicans is astounding in its pretense that the free market is equitable, that poverty is a moral flaw and that their inherited wealth is due to their hard work and moral superiority. To pretend that destroying healthcare for those who weren’t born wealthy is a reasonable act speaks to the profound corruption of this Administration. We Americans need to take care of each other. Everyone deserves food, shelter and healthcare. Everyone.
How many times do we have to go through this? The people of this country are not pawns in this awful Republican healthcare plan,if this is what you call a great deal for the people you need to think again. This is another of the Republicans trying to destroy the middle class and unfortunately they will probably get away with it. I’m so sick of this destructive behavior what till the elections come again and watch the republicans fall out of office.
Time and time again it has been proven that the “free market” doesn’t work for health insurance. Everyone basically needs it so we are captive to the whims of the insurers. The ACA was just a few regulations put on insurance companies not any where near even the public option. Millions of Americans now have insurance so they go and see their doctor which has been saving lives and I would say keeping people healthier. But no the ACA is not perfect by a long shot! We need to go forward and figure out how to provide actual health care for all of us! The GOP has nothing as they don’t believe the government should provide much of anything for it’s citizens.
The GOP does NOT give a rats ass about middle class citizens and even less for the poor. All they serve is their masters; Corporations, special interests (NRA) and the ultra wealthy. It amazes me the ignorance of the poor and middle class who voted for the GOP and trump. They elected their own destroyers. It seems no amount of screwing them over is damaging enough to make them realize this. It’s surreal.
Citizens deserve the same coverage as you all in DC!!!!
Prices have already skyrocketed. The government needs to get out of the healthcare business and let the free open market work!
This can and should be fixed but there is an unwillingness to do it. Again, congressmen have no worries when it comes to their own insurance which is paid for by taxpayers.
Shame on you all
So the government is handling healthcare as well as they handle Social Security, the Postal Service and Medicare. No surprise premiums are going through the roof! Let the Free Market handle these non-government services. Competition and innovation in our capitalist market will provide superior service at lower costs. Look at our history for proof.
Universal Health care is NOT the answer. The ACA is just that and it has not helped pricing. Remember, lie of the year was Obummers promise to keep your doctor along with lower premiums. Single payer systems only help for small issues, not major procedures. Plus, some countries are taking steps towards private coverage because they are going broke (Denmark). Repeal the ACA now!
And the raping of the lower and middle class continues, right on schedule.
This regime is taking the United States into a dystopian society. I hope that people realize that we are headed for nothingness not greatness. Our government is not making America great again they are causing an Orwellian America to become a reality.
I think this is truly just a step to force privatization (of everything). It is indeed about selfish greed. By hacking away at health insurance (including Medicare, Medicaid, CHIP, Black Lung, ESRD or any other government program) dark money and billionaire class are starving programs so they can be privatized and capitalistic. This will COST more now and in the future. It will cost in lives and money. The 1% doesn’t care. Period. They love the class divisions, that’s what selfish greed is all about. NOT GOOD FOR AMERICA!
Health insurance has become a complete joke for the small business owner. My coverage was pretty good before ACA started at a cost of less than $500/month. Since then my premiums has gone to above $1409/month and I still can’t afford to go to the doctor due to the high deductibles. Open it back up to the free market and allow people to band together, cross state lines to get the coverage they want not what is forced down our throats by the dems. If you are going to keep Obama care then all those in congress should be on these shit plans also.
I have had brain cancer twice in my life: once at 15, once at 24. I am 26, and my life literally depends on health insurance. Look at the big picture, yes, but also look at the small picture: the individuals whose lives would be destroyed if their access to healthcare was terminated. Individuals like myself.
If subsidies are met, and the bipartisan efforts to stabilize markets this won’t happen! And I heard there’s legislation to turn people away from ER which is unacceptable! Fix ACA, don’t repeal!