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Analysis of 2015 premium changes in the Affordable Care Act's health insurance marketplaces
Analysis of 2015 premium changes in the Affordable Care Act's health insurance marketplaces
In the first year of full implementation, enrollment in the Affordable Care Act's (ACA) health insurance exchanges largely fulfilled expectations, following a rocky beginning. Now, attention is turning to 2015, and one of the first tangible tests of how well the ACA is working is how much premiums rise in the new health insurance marketplaces (also known as exchanges). This tells us how much coverage will cost enrollees and the federal government, which contributes towards premiums through tax credits for low- and middle-income people, and could influence public perception of the law as well. This brief presents an initial analysis of premium changes for marketplace plans for individuals in 15 states plus the District of Columbia, where we were able to find comprehensive data on rates or rate filings for all insurers. It follows a similar approach to our September 2013 analysis of 2014 marketplace premiums.
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