Health insurance cost increases: The fuller story | Arkansas Blog

Tuesday, October 25, 2016

Health insurance cost increases: The fuller story

Posted By on Tue, Oct 25, 2016 at 11:52 AM

Republicans such as Sen. Tom Cotton are chortling about a "25 percent increase" in health insurance rates. But wait. That's not exactly — not nearly — true.

Talking Points Memo explains:

This average increase is for individual purchasers, only about 7 percent of the market. Insurance provided by employers covers the biggest number in the market (49 percent, while 34 percent have Medicare or Medicaid) and rates in that sector are rising lower than has been customary. Also, federal subsidies will reduce the impact of increases for those who are affected.

It is simply not correct to say flatly that insurance rates in the U.S. have risen 25 percent. They haven't.

Obamacare needs some fixes. They wouldn't be hard to do, if not for Republicans in Congress who'd still rather we put millions of people back into the ranks of the uninsured.

Arkansas continues to beat targets for its private option version of the Medicaid expansion and the blended version of the insurance marketplace. Insurers in Arkansas are talking about 10 percent rate increases, not counting subsidies that offset consumer costs.

Tags: , ,

Sign up for the Daily Update email

Comments (10)

Showing 1-10 of 10

Add a comment

Subscribe to this thread:
Showing 1-10 of 10

Add a comment

More by Max Brantley

Readers also liked…

  • Former Arkansas Attorney General Dustin McDaniel applauds Trump's EPA choice of climate change denier Scott Pruitt

    Dustin McDaniel gives the thumbs up to a man set to dismantle EPA regulations.
    • Dec 8, 2016
  • Women's March planned in Arkansas to mark Trump inauguration

    Speaking of Donald Trump and in answer to a reader's question: There will be a women's march in Arkansas on Jan. 21, the day after inauguration, as well as the national march planned in Washington.
    • Dec 30, 2016
  • Trump immigration protest at LR: Quick and fierce

    It was not even 24 hours ago that Sophia Said, director of the Interfaith Center; City Director Kathy Webb and others decided to organize a protest today of Donald Trump's executive order that has left people from Muslim countries languishing in airports or unable to come to the US at all — people with visas, green cards,a  post-doc graduate student en route to Harvard, Google employees abroad, families. I got the message today before noon; others didn't find out until it was going on. But however folks found out, they turned out in huge numbers, more than thousand men, women and children, on the grounds of the state Capitol to listen to speakers from all faiths and many countries.
    • Jan 29, 2017

Most Viewed

Most Recent Comments



© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation