Proposed rate hikes have thus far come in from fewer than a dozen states, and even those may be further lowered once they're considered by state insurance regulators
Even though premiums for health care coverage under the Affordable Care Act will go up for 2020, it doesn't appear as though they'll be those dizzying increases consumers experienced in the past.
Instead, according to Politico, for the second year in a row increases should be fairly modest—if the initial batch of insurer rates is any indication. That's in spite of Trump administration actions that were expected to be even more disruptive to coverage than it has been—although the move to overturn the ACA itself could still prove to be “profound.”
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
