Despite multiple attempts by a GOP-led Congress and President Donald Trump’s administration to repeal and replace Obamacare, formally known as the Affordable Care Act, over the past year, it remains the law of the land. In fact, Obamacare open enrollment begins this week, and its requirement that almost all Americans carry health insurance is still in effect.
Though premiums are shooting higher next year, Obamacare enrollees who qualify for subsidies will find lots of inexpensive policies available.
More people can get an Obamacare plan for free in 2018 or for less than they paid for it this year — but fewer people are expected to buy Obamacare plans next year.
Health care may pinch a little more out of your wallet in 2017- but probably won't be a problem for the majority of Americans.
This brief analyzes 2017 Affordable Care Act (ACA) marketplace data on premium and insurer participation, including data made available through Healthcare.gov on October 24, 2017, as well as data collected from states that run their own exchange websites.
Delighted Republicans celebrated the news Tuesday that Obamacare premiums are going up by more than 20 percent on average next year. Late on Tuesday, the Health and Human Services Department admitted to the widely predicted figure, while quickly saying that nearly 85 percent of people buying health insurance on the Obamacare markets wouldn't be paying that much because of federal subsidies.
Just in time for the impending 2016 presidential election, a fresh round of dire headlines about rising Obamacare premiums is giving Republican lawmakers a new opportunity to attack the health care law.
The percentage of Americans without health insurance dropped by nearly three percentage points between 2013 and 2014, according the U.S. Census Bureau, from 13.3 to 10.4 percent. Put another way, 8.8 million more people were insured in 2014 than the year before. The annual study from Census is considered the definitive measure of health insurance, although a change in the way health insurance questions are asked make this year's report comparable to 2013 but not earlier years.