Obamacare premiums drop for first time

ㅤ"Average premiums for key Obamacare benchmark plans are set to drop for the first time in the program’s history, Health and Human Services Secretary Alex Azar said Thursday, challenging Democrats’ claims that the Trump administration had ‘sabotaged’ the law.
ㅤMr. Azar said insurers that will sell plans on the HealthCare.gov website next year requested rates that are 2 percent lower than this year for the benchmark policies.
ㅤAlthough the reduction is small, it marks the first time that the market has avoided big increases.
ㅤMr. Azar also said the number of insurers offering plans will increase next year for the first time since 2015.
ㅤ’Let me repeat that: Under President Trump, premiums are dropping and choices are returning,’ Mr. Azar said at Lipscomb University in Nashville, Tennessee. ‘The President who was supposedly trying to sabotage the Affordable Care Act has proven better at managing it than the President who wrote the law.’"

ㅤô¿ô …This is a lengthy article containing other important observations by Mr. Azar.

Full story at The Washington Times. Posted on 9/27/18. See "obamacare, premiums."

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