After steep increases in 2017 and 2018, states on the exchanges see a decline of 1.5 percent
Ways and Means Chairman Kevin Brady, R-Texas, says the lower premiums are “encouraging,” but that the health care law is set up to fail over time. (Tom Williams/CQ Roll Call file photo)
Health insurance premiums in the 39 states that use HealthCare.gov will fall 1.5 percent on average for the most commonly purchased plans in 2019, marking the first time that rates have dropped since the 2010 health care law was implemented.
The decline is a significant departure from steep increases in 2017 and 2018. Premiums for HealthCare.gov plans grew by an average of 37 percent for plans this year, after rising by 25 percent the year before, the Centers for Medicare and Medicaid Services said Thursday.