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Stories First Time: Health gow Care Individuals & Families Small Businesse3 Get Cowarage Change er update vour Pan see Teslos GetAnswert Preview 20 now! PREVIEW 2017 PLANS PRICES TOP STORIES FIRST TIME APPLIING? STILL NEED 16 HEALTHCARE COSTS Oct. 25 l According to the federal government, midlevel health plans will increase by an average of 25% next year under the Affordable Care Act. Premiums for midlevel health insurance plans under Obamacare will increase by an average of 25 percent next year, while individuals in some states will see fewer insurance companies offering coverage, the federal government confirmed yesterday. _ The government did acknowledge while premiums are going up, three-fourths of consumers would still find plans for less than $100 per month with the help of federal subsidies. The 25 percent increase on premiums compares with increases of 2 percent in 2015 and 7 percent this year. _ Major insurance companies have left the public market in several states, claiming multimillion-dollar losses in addition to state officials approving rate increases of 25-50 percent or more for some insurers that remain. This issue is sure to enter the political conversation as the election season comes to an end in 2 weeks. _ Both Hillary Clinton and Donald Trump have said significant adjustments need to be made. Earlier this month, former President Bill Clinton was quoted saying, “So you've got this crazy system where all of the sudden 25 million more people have health care and then the people who are out there busting it, sometimes 60 hours a week, wind up with their premiums doubled and their coverage cut in half. It's the craziest thing in the world.” 📸: nytimes
Stories First Time: Health gow Care Individuals & Families Small Businesse3 Get Cowarage Change er update vour Pan see Teslos GetAnswert Preview 20 now! PREVIEW 2017 PLANS PRICES TOP STORIES FIRST TIME APPLIING? STILL NEED 16 HEALTHCARE COSTS Oct. 25 l According to the federal government, midlevel health plans will increase by an average of 25% next year under the Affordable Care Act. Premiums for midlevel health insurance plans under Obamacare will increase by an average of 25 percent next year, while individuals in some states will see fewer insurance companies offering coverage, the federal government confirmed yesterday. _ The government did acknowledge while premiums are going up, three-fourths of consumers would still find plans for less than $100 per month with the help of federal subsidies. The 25 percent increase on premiums compares with increases of 2 percent in 2015 and 7 percent this year. _ Major insurance companies have left the public market in several states, claiming multimillion-dollar losses in addition to state officials approving rate increases of 25-50 percent or more for some insurers that remain. This issue is sure to enter the political conversation as the election season comes to an end in 2 weeks. _ Both Hillary Clinton and Donald Trump have said significant adjustments need to be made. Earlier this month, former President Bill Clinton was quoted saying, “So you've got this crazy system where all of the sudden 25 million more people have health care and then the people who are out there busting it, sometimes 60 hours a week, wind up with their premiums doubled and their coverage cut in half. It's the craziest thing in the world.” 📸: nytimes

Premiums for midlevel health insurance plans under Obamacare will increase by an average of 25 percent next year, while individuals in so...