Search
 

PPACA premiums rising, not skyrocketing

Stop freaking out about Obamacare premiums, the Obama administration says.

By Jack Craver | Updated on April 19, 2016
Photo: Getty Images

Premiums on health plans offered through the federal and state Patient Protection and Affordable Care Act (PPACA) insurance marketplaces rose 8 percent last year, according to a report put out by the Department of Health and Human Services on Tuesday.

That means the average policyholder’s premium rose from $356 a month to $386 a month. But after the subsidies that are available to 85 percent of buyers were taken into account, the average policyholder’s monthly bill increased less than 4 percent, from $102 to $106.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Jack Craver

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.