Senator John McCain is running TV ads on the theme that the Affordable Care Act aka “ObamaCare” is in dire straits, and like all Tea-Publicans, he wants to repeal the law. McCain has called premium increases on Affordable Care Act exchanges “astronomically high.” But are these growing premiums actually high?
The Washington Post reports, Skyrocketing Obamacare premiums still lower than employer-sponsored insurance:
A new analysis from the Urban Institute found that the average unsubsidized premiums in the Affordable Care Act exchanges, commonly known as Obamacare, are actually 10 percent lower than the full premiums in the average employer plan nationally in 2016.
Nationally, the average employer-sponsored premium was $516 a month, while the unsubsidized marketplace premium was $464. To make an apples-to-apples comparison, the researchers adjusted marketplace premiums to account for the age of enrollees and the different value of the health coverage provided by the marketplace plans.
The exchanges offer health coverage to people who aren’t insured through their jobs, with subsidies based on income. About 11 million people are insured through the marketplaces, compared with about 155 million Americans who receive insurance coverage through employer-provided plans.


