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Big premium increases on the way for Obamacare plans

Big premium increases on the way for Obamacare plans

WASHINGTON — Premiums for health plans purchased through the Affordable Care Act will rise sharply next year, and insurer defections in some states will leave consumers with substantially fewer coverage options, the federal government reported. Premiums will increase, on average, 25% for mid-level plans on the federal health insurance exchange, according to the Department of

Health insurers seek rate hikes under ACA

WASHINGTON — Large health plans that have claimed financial challenges from their participation in health insurance exchanges under the Affordable Care Act are set to seek significant premium increases in about a dozen states where they operate those individual plans. Others are limiting the number of plans offered if not vacating states altogether. Plans in

HealthCare.gov performs better the second time around

WASHINGTON — A late surge lifted the number of people enrolling for health insurance under the Affordable Care Act to nearly 2.5 million since mid-November. More than 1 million signed up in the last week of open enrollment before the December 15 deadline for full-year coverage in 2015. The enrollment figure, which excluded the final