If Government Fails to Fund Subsidies, Obamacare Premiums Will Rise by 19%

[rangerrebew]

 If Government Fails to Fund Subsidies, Obamacare Premiums Will Rise by 19%
Posted By Ali Meyer On April 9, 2017 @ 5:00 am In Issues | No Comments

If the federal government fails to fund the Affordable Care Act's cost-sharing subsidies, average premiums for the silver plan would have to rise by 19 percent, according to a Kaiser Family Foundation report.

Cost-sharing subsidies were put in place by the Affordable Care Act to rein in the cost of out-of-pocket expenses for lower-income individuals by reimbursing insurers.


Article printed from Washington Free Beacon: http://freebeacon.com

URL to article: http://freebeacon.com/issues/government-fails-fund-subsidies-obamacare-premiums-will-rise-19/

[geronl]

Another reason to repeal the whole thing, not just tinker with it