By Zachary Tracer
Bloomberg) — Mid-level Affordable Care Act health policies are going to be more expensive next year, a challenge for the administration as it seeks to boost enrollment.
Premiums for the second-lowest-cost silver plans are going up by an average of 7.5% next year in the 37 states that use a U.S.-run website, the Department of Health and Human Services said Monday. Last year, those plans got 2% more expensive on average in 35 states. Those plans are used to calculate the government subsidies that most people get to help them buy coverage on the Healthcare.gov website.
The health department didn’t say what the plans would cost in dollar terms. Almost 80% of individuals who have previously bought coverage on the ACA website will be able to find a plan for less than $100 a month after subsidies, it said.
The Obama administration has been seeking to make sure affordable options are available as part of its goal of getting more people signed up for insurance in the 2016 enrollment period, which starts Nov. 1. Those who remain uninsured tend to be younger and poorer than people who’ve already signed up, HHS Secretary Sylvia Mathews Burwell has said. Some insurers had sought rate increases of 10% or more for 2016, raising concerns that cheap options would dwindle.
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