Tags: Healthcare Reform | Trump Administration | obamacare | healthcare premiums | alex azar | hhs

HHS Chief Azar: Silver Obamacare Plan Premiums Drop

Health and Human Services Secretary Alex Azar speaks during a hearing
U.S. Health and Human Services Secretary Alex Azar (Jacquelyn Martin/AP)

Thursday, 27 September 2018 01:18 PM

Premiums for a popular type of health plan under the Affordable Care Act will edge downward next year, according to U.S. Health and Human Services Secretary Alex Azar.

Speaking in Nashville on Thursday, Azar said premiums for a popular type of "silver" plan will drop by 2 percent in the 39 states served by the federal HealthCare.gov website. The number of marketplace insurers will grow for the first time since 2015.

Azar's comments track with a broader independent analysis earlier this month.

The analysis by the consulting firm Avalere Health and The Associated Press found average premiums across all plans under the Obama health law will rise 3.3 percent.

The Trump administration is taking credit for market stability, but experts say premiums would be even lower but for administration attempts to undermine "Obamacare."

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U.S. Health and Human Services Secretary Alex Azar reported during a Nashville speech Thursday, premiums for a popular type of health plan under the Affordable Care Act will edge downward next year.
obamacare, healthcare premiums, alex azar, hhs
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2018-18-27
Thursday, 27 September 2018 01:18 PM
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