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Health Insurance iPad The average premium for a 27-year-old buying a benchmark plan on HealthCare.gov for 2020 will fall to $388 a month, down approximately 4 percent.

Premiums for the benchmark Affordable Care Act plans sold on healthcare.gov are set to drop by an average of 4 percent for 2020, except in some states: Indiana, Louisiana, Pennsylvania and New Jersey will see premiums rise, some by double-digit margins.

In addition, according to Modern Healthcare, there will be more insurers offering plans on the exchanges: in 2019 just 155 insurers offered plans, but in 2020 there will be 175.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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