Ohioans face sharp premium hikes
If President
■ The cost of individual plans would jump by an average of 34 percent if subsidies are cut. (Even if Trump approves the subsidies, the increase still would average 23 percent.)
■ Forty-two counties will have just one insurer, and 20 counties will have just two. As recently as 2016, each of Ohio’s 88 counties had at least four.
■ Only eight companies will sell health-insurance products on the exchange; that’s fewer than half the total of last year.
“There continues to be a significant amount of change on the federal exchange in terms of which insurers are selling policies,” the state insurance agency said.
“Health insurers continue to struggle with market changes and uncertainty, and as a result, consumers in many parts of
Residents of 20
Ohioans who do not have health insurance through their employer, Medicare or Medicaid might be eligible to buy coverage through the exchange set up under the 2010 Affordable Care Act, also known as Obamacare. Open enrollment for the nation’s exchanges begins
The
Trump has not said whether he will continue cost-sharing-reduction subsidies that health insurers say are vital to their operation.
@darreldrowland
CREDIT: DARREL ROWLANDTHE
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