Of course premiums for ACA plans are rising
If it wasn’t obvious before that the famous bill passed to make health care more affordable has done anything but, it should be now: Individual plans on the Affordable Care Act exchanges are projected to spike by about 14% in 2027, according to recent insurer filings. The ACA imposed a wide array of mandates on health insurance. Those mandates are expensive. To make up for the increase in costs, the ACA distributes subsidies so consumers don’t feel the impact of the increase. Many of these subsidies are “advance” subsidies that go directly from the federal government to ...