Some area residents will see higher premiums for ACA health insurance plans
How much will depend on which plan people have right now.
And while
Open enrollment for the third year of ACA marketplace plans starts Sunday for coverage that begins
New data for the 37 states that use the federal HealthCare.gov marketplace, rather than run their own exchanges, suggest that premiums for next year will be going up far more in the
The monthly premium for the benchmark silver plan will increase by an average of 6.3 percent for the 30 cities included in the new data from the
Plans come in four tiers: bronze, silver, gold and platinum. The benchmark plan -- the second-lowest-priced silver plan in any market -- is used to set subsidy rates in that market.
Premium changes for benchmark plans in other cities range from a 35.2 percent increase in
Rates appear to have escalated in
That put a more expensive silver plan from
"They raised their prices higher than we did," Rowe said.
"Affordability is a top priority for our customers," Coventry spokesman
In 2016, the lowest-priced silver plan from Coventry for the
"After reviewing our national footprint, the competitive landscape, market conditions and the portfolio of plans we offer, we reluctantly came to the decision that we could no longer meet the needs of our individual on-exchange members in
That means about 20,000 residents of
Residents on the
Because plans and premiums change, it's best to shop for plans each year, experts say. People who switched their ACA plans from 2014 to 2015, while staying in the same tier, saved an average of
A benefit from having premiums rise significantly for the benchmark silver plan, Rowe said, is that premium subsidies for all plans in the region also will rise significantly. That means "the taxpayers got a big rate increase," he said.
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