Obamacare premiums are dropping 4% for 2020 plans

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The Affordable Care Act is looking stronger for 2020 -- and the Trump administration is claiming credit for it, even as officials try to upend the landmark health reform law.

The average premium for the benchmark plan will drop by 4% next year in the 38 states using the federal Obamacare exchanges -- the second year in a row of lower rates. Six states that use healthcare.gov are seeing double-digit declines, though three are seeing double-digit increases.The Trump administration has approved requests by 12 states to create reinsurance programs, which shield carriers from high-cost patients and help reduce premiums.

"Despite the Trump administration's effort over the last two years to sabotage the Affordable Care Act, the record average rate decrease and interest by insurers is evidence that our market is stabilizing," said Insurance Commissioner Mike Kreidler.Administration officials were quick to highlight that premiums remain high for those who don't qualify for federal subsidies.

 

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My premiums are increasing $20 a year! BCBSAssociation AnthemBCBS I have only been to the doctor once in two years outside my yearly physical.

Health care for all because quality health care should be a right , not a privilege .

WOW! Look at that website. All it cost you, the US taxpayer was 1.7 billion dollars! What a bargain! 'In August 2014, the Office of Inspector General released a report finding that the cost of the website had reached $1.7 billion.'

More fake news. CNN just can’t help themselves lol

Aca is gone and trash

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