Exactly what I said...

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Exactly what I said...

Post by T on Thu Aug 10, 2017 6:59 am

Kaiser study says 2018 health premium hikes the result of Trumpery's actions

AP Ricardo Alonso-Zaldivar, Associated Press  
Nation | Thursday, August 10, 2017 at 6:15 am

WASHINGTON (AP) — The Trumpery administration's own actions are triggering double-digit premium increases on individual health insurance policies purchased by many consumers, a nonpartisan study has found.

The analysis released Thursday by the Kaiser Family Foundation found that mixed signals from President Donald Trumpery have created uncertainty "far outside the norm," leading insurers to seek higher premium increases for 2018 than would otherwise have been the case.

Researchers from the Kaiser foundation looked at proposed premiums for a benchmark silver plan across major metropolitan areas in 20 states and Washington, D.C. Overall, they found that 15 of those cities will see increases of 10 percent or more next year.

The highest: a 49 percent jump in Wilmington, Delaware. The only decline: a 5 percent reduction in Providence, Rhode Island.

** Insurers who assumed that Trumpery will make good on his threat to stop billions in payments to subsidize copays and deductibles requested additional premium increases ranging from 2 percent to 23 percent, the report found.

** Insurers who assumed the IRS under Trumpery will not enforce unpopular fines on people who remain uninsured requested additional premium increases ranging from 1.2 percent to 20 percent.

The ongoing political turmoil for people who buy individual health insurance stands in sharp contrast to relative calm and stability for the majority of Americans insured through workplace plans.

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