Kaiser Study Projects Obamacare Premiums To Rise And Fewer Choices In 2018
Obamacare continues to wreak havoc on the American health care system.
In a study released by the Kaiser Family Foundation, premiums are projected to continue their rapid rise in 2018.
The study’s findings are just the latest in a long list of Obamacare’s failures.
Under the current exchange, premiums are rising, insurers are dropping out, and Americans are suffering.
Premiums for a popular Obamacare silver plan will rise in 19 of 21 major U.S. cities in 2018, as consumers in 14 of those 21 states have fewer insurers to pick from than they did in 2014.
Those are two takeaways from a study released by the Kaiser Family Foundation (KFF) on Thursday. The study looks at premiums, number of insurers, and more in 20 states and Washington, D.C., comparing this year’s facts and figures to 2017 and earlier.
PREMIUMS
KFF found that premiums will increase in 19 of the 21 cities they examined. It will decrease in Providence, Rhode Island (-5%) and decrease $1 per month in Burlington, Vermont.
Increases range from the single-digits (Detroit, Minneapolis, Atlanta, and D.C.) to increases in the 20-percent and 30-percent ranges (Nashville, Philadelphia, Baltimore, Boise, Seattle, Richmond, Albuquerque) and beyond (Wilmington, Delaware customers will see a 49-percent hike).
INSURERS
Meanwhile, options are dwindling in these 20 states, and Washington, D.C. Eight of the states will have one less insurer than they did in 2017. Overall, 14 of 21 states have at least one less option than they did in 2014.
It’s particularly bad for Delaware, where only one insurer will remain in 2018.