Here's how much health plan premiums spiked over the last four years of Obamacare's rollout

Reuters

Fifty-four-years-old Natalia Pollack receives her Affordable Care Act insurance information and fees.

Article Highlights

  • Earlier today I reported that health insurance premiums are showing the sharpest increases perhaps ever.

    Tweet This

Earlier today I reported that health insurance premiums are showing the sharpest increases,  perhaps ever, according to a survey of brokers who sell coverage in the individual and small group market. Morgan Stanley’s health care analysts conducted the proprietary survey of 148 brokers. The April survey shows the largest acceleration in small and individual group rates (for renewing health plans) in any of the 12 prior quarterly periods when the regular analysis has been conducted. The average increases for the present quarter are in excess of 11% in the small group market and 12% in the individual market, where consumers purchase coverage directly from health plans. Some states show increases 10 to 50 times that amount. The analysts conclude that the “increases are largely due to changes under the ACA.” So how do these increases, for the health plans renewing this quarter, compare to rate increases experienced during other quarterly periods over the last four years? The data for the rate increases experienced in the small group and individual insurance markets for the last four years is detailed in the graphics below. They show how the rate hikes have accelerated as Obamacare’s regulations have started to get implemented.

 


Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Scott
Gottlieb

What's new on AEI

Making Ryan's tax plan smarter
image The teacher evaluation confronts the future
image How to reform the US immigration system
image Inversion hysteria
AEI on Facebook
Events Calendar
  • 25
    MON
  • 26
    TUE
  • 27
    WED
  • 28
    THU
  • 29
    FRI
Wednesday, August 27, 2014 | 3:00 p.m. – 4:15 p.m.
Teacher quality 2.0: Toward a new era in education reform

Please join AEI for a conversation among several contributors to the new volume “Teacher Quality 2.0: Toward a New Era in Education Reform” (Harvard Education Press, 2014), edited by Frederick M. Hess and Michael Q. McShane. Panelists will discuss the intersection of teacher-quality policy and innovation, exploring roadblocks and possibilities.

No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.