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Mon
29
Aug

Texans still have insurance options

Since the Affordable Care Act became law, health care prices have risen at the lowest rate in 50 years, and premiums for the 150 million Americans with employer-sponsored insurance have grown at some of the slowest rates on record.

On Wednesday, Aug. 24, a new U.S. Health and Human Services (HHS) announced an analysis that found HealthCare.gov consumers would continue to have affordable coverage options, even if all Marketplace final health insurance premium rates were to increase by double digits next year.

In a hypothetical scenario where all rates increase by 50 percent, the vast majority of Texas consumers (80 percent) would be able to purchase coverage for less than $75 per month, according to the HHS report. All Marketplace premiums will be finalized and public in October.

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