The current political environment in Washington, D.C. has caused “new uncertainty” in the Affordable Care Act marketplaces, prompting some insurers to factor this into their double-digit premium increases on exchange plans for the coming year, according to a report released today by the Kaiser Foundation.
The report, “An Early Look at 2018 Premium Changes and Insurer Participation on ACA Exchanges,” says “Insurers have been unsure whether the individual mandate — which brings down premiums by compelling healthy people to buy coverage — will be repealed by Congress or to what degree it will be enforced by the Trump Administration.
“Additionally, insurers in this market do not know whether the Trump Administration will continue to make payments to compensate insurers for cost-sharing reductions, which are the subject of a lawsuit, or whether Congress will appropriate these funds,” the report says.
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
