HHS: Most ACA enrollees can buy plans under $75 in 2017

HHS has released a report showing that people who purchase plans on government exchanges in 2017 can still pay affordable monthly premiums, even if all final rates increased by double digits.

For the study, HHS researchers examined how the combination of tax credits and consumer's ability to shop for coverage would affect consumers' premium payments if every plan raised rates by 25 percent.

HHS found that 73 percent of consumers would be able to purchase a health plan on government exchanges with a premium payment equal to or less than $75 next year.

"Headline rate increases do not reflect what consumers actually pay," said HHS' acting assistant secretary for planning and evaluation Kathryn Martin in a prepared statement. "Our study shows that, even in a scenario where all plans saw double digit rate increases, the vast majority of consumers would continue to have affordable options."

 

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