As health premiums jump, Obama wields an imperfect shield

New York Times

30 October 2016 - Urging people to sign up for coverage under the Affordable Care Act, President Obama said last week that while premiums might be rising, most consumers need not worry. 

“Premiums going up,” he said, “don’t necessarily translate into higher premiums for people who are getting tax credits.”

Federal subsidies will generally grow with premiums, the administration says, even as rates soar 25 percent to 50 percent or more in some markets. “Most people are going to be pleasantly surprised at just how affordable their options are,” the president said.

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Michael Wonder

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Michael Wonder

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