New analysis shows consumers will still have affordable health coverage options next year

New analysis shows consumers will still have affordable health coverage options next year

An estimated 73 percent of HealthCare.gov consumers could still purchase a plan for less than $75 per month, even if all final rates were to increase by double digits

Since the Affordable Care Act became law, health care prices have risen at the lowest rate in 50 years, and premiums for the 150 million Americans with employer-sponsored insurance have grown at some of the slowest rates on record. Today, a new HHS analysis finds that HealthCare.gov consumers would continue to have affordable coverage options, even if allMarketplace final health insurance premium rates were to increase by double digits next year. In a hypothetical scenario where all rates increase by 25 percent, the vast majority of consumers (73%) would be able to purchase coverage for less than $75 per month, according to today’s report. All Marketplace premiums will be finalized and public in October.

Read more about today's announcement.