– Premiums may rise an average of 2.5% at most, analysts say
– Insurers increasing their presence; over 13% reduction expected in single-insurer counties

Average Obamacare premiums for 2020 should rise no more than 2.5% as insurers expand their presence in the Affordable Care Act markets amid greater stability and profitability.

That’s the assessment of analysts who follow the ACA exchanges, and it comes less a month before the 45-day open enrollment period begins Nov. 1.

The individual market for policies that meet the ACA’s coverage requirements is continuing to display the stability first seen in 2019, with increased insurer offerings and more modest premium hikes. But the number of enrollees—most of whom receive subsidies—is declining gradually, and making coverage affordable for people who don’t receive substantial subsidies remains a major challenge.

Read More at Bloomberg Law

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