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NY insurers are requesting a 24% rate increase in the individual health insurance market for 2019. Half of that is due to repeal of the individual mandate penalty. https://www.dfs.ny.gov/about/press/pr1806011.htm …pic.twitter.com/UrsCQtkVXO
Low-income people are protected from premium increases by federal subsidies. Healthy middle-class people in many states will be able to buy short-term plans for lower premiums (but with fewer benefits). Middle-class people with pre-existing conditions will feel the full brunt.
2019 individual insurance premium increases are going to vary A LOT from state to state and insurer to insurer. In some cases, insurers increased premiums for 2018 in anticipation of the individual mandate being repealed. Also, some insurers overshot with prior increases.
In Pennsylvania insurers in the individual market are requesting a 4.9% premium increase on average for 2019. Premiums increased substantially in 2018, and might have been flat or even decreased for 2019 if not for repeal of the individual mandate.http://www.media.pa.gov/Pages/Insurance-Details.aspx?newsid=313 …
Proposed 2019 individual insurance market premium increases in Maine are also relatively modest, and will be even lower if the state's reinsurance program goes through.https://twitter.com/mhstein/status/1003977744454217728 …
Washington State: 19.1%, “significantly” due to mandate repeal (developing):http://acasignups.net/18/06/04/washington-state-preliminary-2019-aca-rate-hike-request-191-largely-due-aca-sabotage …
How is a 25% increase, especially due to ind. mandate not a death spiral?Ex.@OscarHealth 25% increase due to attracting predominantly healthy young people who are the prime people to leave with no mandate. This forces more of remaining members out = higher prices = more out = DS
more winning!
And yet another example of people voting against their best interests! How does this make you feel, Republican voters? Like your needs are being served, or like you've been played?
We're a blue state!
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