Article 713EW Obamacare insurance prices will jump up 26% next year, report predicts

Obamacare insurance prices will jump up 26% next year, report predicts

by
Joseph Gedeon in Washington
from US news | The Guardian on (#713EW)

Enhanced subsidies keeping premiums affordable for millions will expire, threatening to more than double what households pay out of pocket

People in the US shopping for health insurance through the Affordable Care Act marketplaces will face a steep 26% average price increase next year, according to new analysis from the Kaiser Family Foundation released just days before enrollment begins on 1 November.

The jump represents one of the sharpest rises since the healthcare program launched over a decade ago, with consumers using the federal healthcare.gov platform set to see even steeper hikes of 30% on average. State-run marketplaces are also expected to experience a 17% increase.

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