Fierce Healthcare October 22, 2019
Paige Minemyer

Benchmark premiums for plans on HealthCare.gov are down 4% for the 2020 plan year, the Trump administration announced Tuesday—though affordability challenges remain for people enrolling in unsubsidized coverage.

The Centers for Medicare & Medicaid Services (CMS) released its annual look at the landscape of the Affordable Care Act’s qualified health plans ahead of open enrollment, which begins Nov. 1.

CMS said the average premium for a benchmark plan—or a state’s second-lowest-cost silver plan—will decline by 4% for a 27-year-old enrollee.

By comparison, average benchmark premiums decreased by 1% in 2018, CMS said.

“Lower costs and more options for American patients is a key piece of the president’s vision for healthcare,” said Department of Health and Human Services...

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Topics: ACA (Affordable Care Act), CMS, Govt Agencies, Insurance, Patient / Consumer, Payer, Provider, Public Exchange
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