The moves that President Trump and Congress have made to chip away at the Affordable Care Act are going to make health insurance more expensive for those purchasing plans through the ACA exchange, according to a study by the Urban Institute.

In the 43 states that allow Short Term Limited Duration health plans that do not cover all of the essential benefits mandated by the ACA, premiums for ACA-compliant plans will rise by 18.2 percent, the nonprofit predicts.

That increase is due both to the repeal of the individual mandate included in last year's tax law as well as the recent move by the Trump administration to allow insurers to sell skinnier insurance policies

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

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

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
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.