December 7, 2018
New Analysis of 2019 Affordable Care Act Premiums
With the open enrollment period ending soon for the Affordable Care Act’s exchanges, AAF’s Health Policy Analyst Jonathan Keisling provides a comprehensive analysis of 2019 premiums on both federal and state-based exchanges. Relative premium stability indicates the individual market may finally be finding some equilibrium this year after experiencing sharp premium increases in the past.
His key findings:
- Benchmark plans from 2018 that are still offered in 2019, even if not as the benchmark, rose by an average of 5 percent—the lowest average increase since the ACA marketplaces began operating;
- Only 15 percent of all rating areas have the same benchmark plan as 2017;
- The average 2019 benchmark plan premium is 1 percent higher than the average 2018 benchmark plan; and
- The lowest-cost Bronze premium increased by an average of 1 percent, and the lowest-cost Gold premium increased on average by about 14 percent.
Read more here.