Data show 2016 ACA premiums rising 11% on average

Americans insured under the Affordable Care Act may see their premiums increase in the new year.  According to a USA Today (12/17, O’Donnell) report, consumers that purchase coverage through federal and state exchanges are likely to see premium increases of an average of 11% in 2016.   The Robert Wood Johnson Foundation conducted a recent premium survey of every marketplace plan from 2015 to 2016.  The survey includes all plans offered in the health insurance marketplaces in all 50 states, as well a comparison of Silver, Gold, and Bronze level plans.  The findings of the latest survey indicated an 11% increase in premiums for the popular silver-level plan, as well as a possible increase in plan deductibles.

The premium increases are higher for the gold-level plans, which require less out-of-pocket for care.  While the premium increases are above the 7.5% average that the Obama Administration claimed as a benchmark, it is expected that the market will stabilize as insurers find a balance between premiums and claims.  These increases are far more of a concern for middle-class consumers who are not eligible for premium subsidies.

While the rise in rates is higher than promised on the healthcare.gov website, experts point out that increases in health insurance premiums aren’t uncommon.  In fact, the Department of Health and Human Services indicates that the rate increase is modest compared to regular market rate adjustments before the Affordable Care Act, where double-digit increases were the average.   Experts encourage those who are looking at rate increases to simply shop around for new policies as there are a wide range of choices in the 2016 plans.

[author] [author_image timthumb=’off’]http://www.drhousecallsofpv.com/wp-content/uploads/2013/02/sjlphoto1sm.jpg[/author_image] [author_info]

Steven J. Lipsky MD, FACEP has been a Board Certified Emergency Physician in Arizona for the last 37 years, and a resident of the Town of Paradise Valley for the last 37 years. Steve Lipsky on Google Plus[/author_info] [/author]

Dr. Steven Lipsky

Steven J. Lipsky MD, FACEP has been a Board Certified Emergency Physician in Arizona for the last 41 years, and a resident of the Town of Paradise Valley for the last 40 years. He received his Doctor of Medicine degree from New York University School of Medicine and did post-graduate training in Family Practice at St. Joseph’s Hospital and Medical Center in Phoenix before going into the full-time practice of Emergency Medicine in 1975. Dr. Lipsky has worked in every type of Emergency Department in Arizona – from inner city and rural, small volume and large, public and private hospitals, teaching and nonteaching hospitals. He has taught at the Midwestern University Arizona College of Osteopathic Medicine – Division of Clinical Education, as well as in Kirksville College of Osteopathic Medicine Arizona. He has received the highest number of patient satisfaction letters in his group at multiple facilities and has been recognized at Paradise Valley Hospital for his outstanding performance. A past president of the Arizona College of Emergency Physicians (representing over 800 Emergency Physicians in our state) along with many other positions in the organization, Dr. Lipsky was also one of six Councillors representing Arizona to the National Council of the American College of Emergency Physicians. Dr. Lipsky built, owned, and was the Medical Director for the first 24hr free-standing Emergicenter and Advanced Life Support Ambulance Service in Jamaica. In conjunction with USAID, Cornell Medical Center’s School of Public Health, the Ministry of Health and Environmental Control of Jamaica, and the U.S. Peace Corps, he participated in a successful program to stem infant mortality in rural areas.

Call For Care Now

Speak directly with one of our highly trained Board Certified Emergency Physicians.


REQUEST CARE

10AM-9PM
480-948-0102



AFTER HOURS

480-493-5100



Follow Us

Check us out on our social media.



Copyright Dr. Housecalls of Paradise Valley 2019. All rights reserved.