More choices and stable premiums for 'Obamacare' next year

1 / 2TrumpHealth and Human Services Secretary Alex Azar smiles during a television interview at the White House, Monday, Oct. 21, 2019, in Washington. WASHINGTON — Consumers will have more health insurance choices next year under the much-debated Obama health care law and premiums will dip slightly for many, the Trump administration announced Tuesday.

For now, the Department of Health and Human Services is touting a second consecutive year of positive-sounding numbers. An additional 20 insurers will participate for 2020, expanding consumer choice in many states, officials said. Nearly 70 percent of customers will have three or more insurers from which to pick a plan.

A low-cost midrange plan for that hypothetical 27-year-old will charge monthly premiums of $374 next year, officials said. The law's income-based subsidies can drop that to around $50. Six states will see premiums decline by 10% or more, officials said. They are Delaware, Montana, Nebraska, North Dakota, Oklahoma and Utah.Story continuesEven as it pursues"Obamacare's" demise in the courts, the Trump administration is trying to take credit for the program's current stability.

"As long as the subsidies are in place the changes that are happening ... are not going to push this market off a cliff," Standard & Poor's director and lead analyst Deep Banerjee said. The nonpartisan Government Accountability Office has recommended that the administration follow standard federal practices by setting sign-up goals and actively managing the program to meet enrollment targets. Seema Verma, head of the Centers for Medicare and Medicaid Services said the administration doesn't believe such targets are needed and instead her agency has focused on keeping the HealthCare.gov website running smoothly and improving the enrollment experience for customers.

Don’t believe it! DMV, Vet hospitals, Social Security all work so well! Long lines, slow service, no service! BIG GOVERNMENT can’t run heath care!

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