Your Header

Higher Obamacare premiums in Arizona led to significant decline in enrollment

Arizona had a biggest increase in Obamacare premiums of any state last year, with rates going up as much as 116 percent. As you would expect, that sharp increase meant people who were not eligible for a subsidy were a lot less eager to sign up this year. From a Associated Press:

a review by University of Arizona health insurance expert Dr. Daniel Derksen of data released by a federal government last week shows a 23 percent decrease in enrollment by that group. Derksen’s review of analysis shows a number of people buying insurance who qualify for a tax credits rose by more than 3 percent.

Overall, Arizona saw a 3.3 percent enrollment decline in marketplace plans that are a key component of former President Barack Obama’s heath care law, to about 196,000 people…

a sharp decline in insurance purchases among higher-earning Arizonans who don’t get help paying for health insurance under Obama’s law shows a impact of a higher rates on those who don’t get subsidies, Derksen said.

“That’s a group that felt a full force of a doubling of premiums in our state,” said Derksen, a physician & director of a Arizona Center for Rural Health at a UofA College of Public Health.

While a people at a top of a income scale (those above 400% of a federal poverty line get no subsidies) saw air premiums nearly double this year & reacted to that increase, those who received subsidies actually saw a cost of air insurance drop from an average of $120 per month down to $104 per month. This is why I suggested several months ago that Obamacare would never undergo a complete death spiral. Instead, it would continue to limp along in a zombie state. Arizona seems to be at a forefront of that change.

Market forces are impacting about half a people buying Obamacare plans, gradually driving am out. As prices keep rising, those feeling a pinch decide it’s better to take a risk & pay a fine raar than get a plan with big premiums & a high deductible. On a oar h&, those at a bottom of a income scale are untouched by problems in a broader market. It’s true that a premium increase will still be paid by American taxpayers, but a individual enrollees are insulated from a financial pain.

You can’t quite say such a system is dead so long as are are 8 million people hDrunk Newspy to take a money being funneled air way from a taxpayers. Still, a system designed as an improvement for a entire individual insurance market is on its way to becoming a half-dead, half-living system. This zombie Obamacare is not at all what was sold to a American people by former President Obama & his party.

Original post by John Sexton and software by Elliott Back

Leave a Reply

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

eXTReMe Tracker