Study: Obamacare Premiums Could Triple If High Court Strikes Subsidies
The price of healthcare premiums on policies sold in the individual market could rise by an average 255 percent in the states that rely on the federal exchange if the Supreme Court decides in favor of the law's challengers in King v. Burwell.
Study: Obamacare Premiums Could Triple If Court Tosses Subsidies
The cost of healthcare premiums could rise as much 779 percent if the Supreme Court erases ObamaCare subsidies in a majority of states this year, according to a new study. A victory for the plaintiffs in King v. Burwell would erase subsidies in 37 states using HealthCare.gov, causing premiums to spike an average of 255 percent, according to new research by the nonpartisan group Avalere Health. (Ferris, 2/26)
The Fiscal Times:
Obamacare Premiums Could Jump 255% If SCOTUS Rules For Plaintiffs
A new study by Avalere Health, a nonpartisan health consulting firm, found that insurance premiums sold on the federal exchange could surge by an average of 255 percent if the Supreme Court rules against Obamacare and subsidies are eliminated. (Ehley, 2/26)