Salt Lake City, Utah- (ABC4 Utah) – The Affordable Care Act is going into a new year, and along with it some new prices.
The Department of Health and Human Services says premiums are set to go up an average of 22% for benchmark, Silver Plans nation wide.
The announcement fired up opponents.
Here’s how Utah Senator, Orrin Hatch responded:
“That Obamacare has failed to control costs comes as little surprise for those who have long warned of such results, and does little to dispel the notion we are seeing the law implode at the expense of middle class families.”
Jason Stevenson with Utah Health Policy Project, an advocacy group funded by the ACA admits there are challenges moving into 2017.
“This is kind of like the difficult adolescent years for the Affordable Care Act. We’ve had some insurers leave, we’ve had some insurers come on, but the big issue is that premiums are going up for many people,” said Stevenson.
Stevenson says Utah is faring better than most.
The average Silver Plan in our state is expected to rise 16%, but he says subsidies are also going up.
“Premiums and deductibles are going up, but the amount of help is also going up to still keep these rates affordable.”
Stevenson says the Utah exchange has taken some hits, but it’s still healthy.
“We have about three insurers across the state, and we have 28 plans. Most of those are Silver Plans and Silver Plans tend to be the best bargain for Utah consumers.”
Open enrollment begins Tuesday November 1, 2016 and runs through January 31, 2017.
If you need help selecting the best plan navigators are available through Take Care Utah.