USA Today: “Consumers buying health insurance through federal and state exchanges will see their monthly premiums for the popular silver-level plans jump by an average of more than 11%, while also likely facing higher deductibles, a new analysis of exchange data by the Robert Wood Johnson Foundation shows.”
“These increases will hike the cost of health insurance especially for customers who don’t receive federal subsidies to buy insurance, which may also limit the number of people insured under the Affordable Care Act. Average health insurance premiums for silver plans rose to nearly $300 a month for a 27 year old male, while deductibles were up 8%.”
“These increases will hike the cost of health insurance especially for customers who don’t receive federal subsidies to buy insurance, which may also limit the number of people insured under the Affordable Care Act. Although the 7.5% average premium increase for the benchmark plan was higher than the 5% increase in 2015, the Department of Health and Human Services said in an October report that ‘this rate increase is relatively modest compared to those in the individual market before the Affordable Care Act, when consumers in the individual market regularly experienced double-digit rate increases on average.'”