POY_1170x120_8-12-19

Larry Levitt

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