EDITORIAL: Sabotaging the Affordable Care Act will lead to pricier insurance
The traditional fall release of the coming year's insurance costs for those who buy on the individual market -- meaning they don't get coverage through a job or public program -- will put a powerful spotlight on health care in the midterm election's waning weeks. The window of time to buy 2019 coverage is expected to begin in November.
But a new report from the respected
-- The congressional move in early December to effectively repeal the mandate to buy health insurance.
-- The Trump administration's recent push to expand sales of skimpy, short-term health insurance policies.
The report reasonably concludes that these three developments will weaken, rather than strengthen the fragile individual market, which serves about 7 percent of Americans. The result: higher health insurance premiums for comprehensive health insurance policies and in turn, fewer people covered. Regrettably,
Premiums are projected to rise 18.3 percent on average in the 45 states (including
So why didn't
The ACA has long been inaccurately derided by
___
(c)2018 the Star Tribune (Minneapolis)
Visit the Star Tribune (Minneapolis) at www.startribune.com
Distributed by Tribune Content Agency, LLC.
Businessman, philanthropist and friend to veterans Stu Gregory dies
Allina-Aetna Joint Venture Names CEO
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News