Majority of insurers cite federal uncertainty as reason for double-digit premium hikes

Majority of insurers cite federal uncertainty as reason for double-digit premium hikes

Researchers from the Kaiser organization looked at proposed premiums for a benchmark silver plan across major metropolitan areas in 20 states and Washington, D.C. Kaiser found a reduction in insurer participation in the exchanges for eight of the states it surveyed, although all but one still had more than one insurer participating. Often, insurers don't serve an entire state, so typically there are even fewer options for consumers. However, most Republicans (61%) and Trump supporters (63%) see continuing plans to repeal and replace the ACA as more important than helping the marketplaces work better (38% and 33%, respectively).

Similarly, six in 10 (60%) say that insurers' decisions not to sell insurance plans in certain marketplaces will affect everyone with insurance, and three-quarters (76%) say so about insurers charging higher premiums in certain marketplaces. Some insurers have factored it into their initial requests, with those assuming the individual mandate would not be enforced including an additional 1.2 to 20 percent increase, and those assuming cost-sharing subsidy payments would not continue applying additional increases ranging from 2 to 23 percent. Most Democrats (70%) and independents (59%) favor the bi-partisan approach, though almost half of Republicans (49%) and Trump supporters (46%) want Republicans to continue pursuing their own plan to repeal and replace the law.

The report suggests that uncertainty over threats of repeal and replace by Republicans in the House and Senate, and the Trump Administration, have had a varying impact on potential premium increases.

The level of rebellion that Trump faces if continues to sabotage Obamacare can be seen in a new poll that reveals 78% of Americans want Trump to make the Affordable Care Act work. With a 52-48 GOP majority and Vice President Mike Pence available to cast a tie-breaking vote, McConnell has said he's moving onto other matters unless "people can show me 50 votes for anything that would make progress". "After 7 years of hearing Repeal & Replace, why not done?"

"But if the Trump administration had been more clear about what the rules were going to be for next year, we would likely have seen much smaller premium increases". This last group of people will bear the full brunt of the premium increases if administration actions to undermine the market continue.

That's the resounding word from a national poll released Friday by the nonpartisan Kaiser Family Foundation. 156 million people receive coverage through their employer, and 74 million are covered by Medicaid and the children's health insurance program.

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