The media is once again engaged in its annual hysteria over headline rate increases in the Affordable Care Act aka “ObamaCare” ahead of the federal health insurance marketplace enrollment period beginning November 1.
Simon Malloy at Salon explains, Obamacare’s 2017 rate hike coverage has been simplistic and possibly misleading:
In keeping with the now-familiar pattern of Affordable Care Act coverage, we find ourselves having to balance substantial progress with not-so-great setbacks. The good news came last month with reports that the national uninsured rate had been cut nearly in half since 2010 to 8.6 percent of the population – the first time it had ever dropped below 9 percent. That’s a massive reduction, and tangible proof that the ACA is doing some real good.
Now for the not-so-great stuff. The Department of Health and Human Services released a report this week stating that it expects premiums for benchmark “silver” health plans in the state-based exchanges to rise by an average of 22 percent in 2017. That news is predictably becoming a talking point for anti-Obamacare Republicans on the campaign trail, so let’s add some context to get a clearer picture of what’s going on.



