News Headlines Article

Average premiums to rise 7.5 percent on key ObamaCare plan
The Hill

The price of the benchmark ObamaCare plan will jump by 7.5 percent on average next year, according to data released Monday.

The premium increase is far more than last year’s 2 percent jump among benchmark silver plans. Those plans, the second-lowest cost option among silver plans, are important because they determine healthcare subsidies for people living in that area, even if they pick a different tiered plan.

The Obama administration touted that the increase was in the single digits — something it said was harder to achieve before the Affordable Care Act.