Why is Obamacare still popular in Florida? Some say Trump has a lot to do with it
After years of political wrangling, the health insurance marketplace set up under the Affordable Care Act appears to have stabilized in
More than 1 million Floridians have signed up for plans on the ACA marketplace this year as of
"I think people are voting with their feet," said
Since taking the reins of the federal government in 2017, the Trump administration has challenged the law in court, shortened the enrollment period and repealed the individual mandate requiring people to purchase health insurance, among other countermeasures.
But one of those moves ended up having an unintended side effect: drawing more federal dollars into the marketplace, said
In late 2017, the Trump administration decided to stop making payments for a "cost-sharing reduction" federal subsidy created by the ACA to help reduce out-of-pocket healthcare costs for low-income families. Removing that subsidy created a ripple effect that resulted in much more affordable coverage for most consumers who qualify for a subsidy to pay their premiums.
"The cost-sharing reduction move was designed to hurt the market, but it ended up helping it," Hempstead said.
Though
About 694,800 of them would benefit from a federally subsidized "bronze plan," available at no cost on the ACA marketplace, according to a recent study by the
"I think a lot of people are simply not aware of these options," Fehr said.. "And it can be really overwhelming to go on to the marketplace and try to figure out what the best option is."
Though the plans have no monthly premium costs, Fehr cautioned that they often carry high deductibles, so consumers should check how much cost-sharing they'd be responsible for on the plans before choosing one.
Those who do use the ACA marketplace in
"I think we've really shifted away unfortunately from this culture of coverage that was really strong after the Affordable Care Act was passed," said Swerlick, the analyst for the nonprofit
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