[Golden]

With open enrollment around the corner, what is the prediction on how much insurance premiums will rise? Specifically, the ACA marketplace.

many people are curious about potential changes to premiums in the Affordable Care Act (ACA) marketplace.

Given the increasing healthcare costs and inflation, some expect a rise in premium prices, while others are hoping for government subsidies or policy changes to offset these costs.

If you’re familiar with ACA plans or have insights on projected increases, how much do you think premiums will rise this year?

Are there specific factors contributing to these potential changes that people should be aware of?

[Rachel]

I was told “trend” was running around 9% for this year for employer sponsored plan. So, assuming claim costs are at 80% of the premium they will only go up by 9% for the same plan.

[Wayde]

I dunno about ACA, but my Medicare part D premium is gonna more than quadruple. Definitely shopping for a new plan.

[Crystal]

I don’t know about ACA but my company said 8% premium increase

[Joe]

As an employer we have been told to expect 5-10% increases annually for the next 5 years. So far that’s been the case for the past two years

[Kath]

If employer plans were anything to go by, I am not going to be impressed

My company isn’t quite big enough so the premium I would have had to cover for my staff was absolutely highway robbery!!

[Author]

Posts