ACA marketplace prices set to rise again with double-digit bumps next year

1 min read
Source: NBC News
ACA marketplace prices set to rise again with double-digit bumps next year
Photo: NBC News
TL;DR

According to a KFF report, ACA marketplace premiums are likely to surge about 14% next year, driven by higher healthcare costs, inflation and the loss of enhanced tax subsidies; enrollment fell roughly 3 million this year—the program’s first sizable drop since its inception—as insurers file rate increases to cover rising costs.

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