Who Will Pay For Rising Insurance Prices?

Donald Trump, the new presumptive Republican nominee for President, has been vocal about his issues with the Affordable Care Act (ACA). He has specifically pointed to the increasing price of premiums as a huge problem facing exchange customers. To anyone following news surrounding the ACA marketplaces, Mr. Trump’s words are not breaking news. While his claims may sometimes be exaggerated, it’s impossible to deny the cost of plans is on the rise. According to analysis by the Kaiser Family Foundation, the prices for a benchmark premium changed on average 10.1% from 2015 to 2016. While unsubsidized Americans will see their costs rise, the U.S. government will absorb the increasing prices for a majority of people on the exchanges.

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