WASHINGTON — Premiums for midlevel health plans under the Affordable Care Act will increase by an average of 25 percent next year, while consumers in some states will find significantly fewer insurance companies offering coverage, the federal government said Monday.
But the Obama administration said three-fourths of consumers would still be able to find plans for less than $100 a month, with the help of federal subsidies. NYTs 10-24-16
For the record:
- Don’t blame insurance companies
- Do blame the faulty design of Obamacare
- Your tax dollars are picking up most of these increases through the premium subsidies.