We’ve heard a lot of rhetoric in the past few days about the recent announcement of premium increases for the Affordable Care Act marketplaces. Like clockwork, the ACA repeal machine has sprung back into action to argue, as it has for the past six years, that the law will collapse any day now.
Yet despite the bad headlines, the sky is not falling. It is important to explain why this year’s premium increases are different, and why they mostly represent a one-time correction rather than a new normal. While the increases are significant, the Affordable Care Act is not in crisis, and the marketplaces remain viable long-term.
The above excerpt was originally published in RealClearHealth.
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