Jun 22, 2018 - Health

ACA options are increasing, but so are premiums

Sam Baker

The Washington Examiner has a good breakdown of a surprising trend: More insurers are entering the market for ACA coverage next year, despite a slew of expert predictions that options would dwindle in the face of political uncertainty.

The catch: The conventional wisdom has been that regulatory uncertainty would lead to market exits and higher premiums. Instead it's leading, so far, to market entries — and higher premiums.

The details:

As Axios reported yesterday, Oscar is expanding into six new markets.
Of the 10 states to release preliminary rate filings so far, seven will see at least one more available option next year.
Premiums for middle-of-the-road coverage are on track to increase by about 15% for next year, the Examiner reports — and they already went up by double digits this year, in many parts of the country.

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ACA options are increasing, but so are premiums

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