“No way for families to budget:” Affordable Care Act premiums expected to rise by double digits in 2017

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MILWAUKEE -- Wisconsinites who have health insurance through the federal exchange should prepare for a double-digit rate hike, according to a new report from the Obama administration that details what's coming in 2017.health-insurance4

The administration released data for only select groups. For a 27-year-old in Wisconsin who makes $25,000 a year, their monthly premium would increase to $304 from $262, or 16 percent.

Republicans said the rate hikes were unsustainable and would galvanize their push to repeal the national health care law known as Obamacare.

"There's just no way for families to budget for these kinds of increases because it's not up to them," said Robin Moore, president of the Republican Women of Waukesha County. "What’s to say these aren’t going to go up again in a matter of months or come next year?"

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The Obama administration's report shows that 69 percent of Wisconsinites on the exchange will pay less than $100 a month out-of-pocket after federal subsidies.

Robin Moore

Robin Moore

Democrats, like U.S. Sen. Tammy Baldwin, said repealing the law would make it worse for millions of people nationwide who have gained coverage through it.

"If you think about the impact of repeal, costs would go through the roof," Baldwin told reporters on Tuesday. "Twenty million people can't have the rug pulled out from under them. That's untenable."

Baldwin said she would support changes to the current law, such as increasing competition among insurers and targeting skyrocketing pharmaceutical costs.

"When you read stories about, say, the EpiPen going from $100 for two EpiPens to $600, no justification, no explanation, that's what we have to reign in," Baldwin said.

The number of insurers offering coverage in Wisconsin is also declining, according to the Obama administration's report.

In Milwaukee, four insurers will offer coverage in 2017, down from six this year. People in one Wisconsin county -- Menominee -- will have only a single insurance provider available next year.

(CLICK HERE to see which insurers offer insurance in your county for 2016 and 2017.)

Tammy Baldwin

Tammy Baldwin

Moore said she knows of small business owners who won't hire more workers because that would trigger a requirement that they provide health insurance.

She said she's had to change doctors after the law's implementation.

"People like Hillary Clinton, who stands behind and supports this, and (Democratic U.S. Senate candidate) Russ Feingold, who brags about being the deciding vote on Obamacare, you really have to question their judgement," Moore said.

The Obama administration's report shows that, using the 27-year-old single person example, Wisconsin will see a lower rate increase than many other states. The same 27-year-old would face a 116 percent rate hike in Arizona, the report indicates.

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Across the board -- including health insurance plans purchased on the federal exchange plus employer-sponsored plans -- rates will increase 16 percent next year in Wisconsin, according to new numbers from the state Commissioner of Insurance office. Some people's plans will increase by 30 percent, the report shows.

6 comments

  • Always Outspoken

    ACA is proving to be no more than a direct attack on the wallets of the middle class.

    Since taking effect (and making health coverage mandatory for all), both premiums and deductables have risen sharply, costing families untold millions. Meanwhile, many employers are also struggling to keep up with the higher premiums, and are opting to reduce work forces to compensate. It’s been a 1-2 punch right in the gut for the working class.

    Thanks, Obama.

    • marcus wilson

      Obama said you could keep your doctor,health insurance and lower rates but he never did say anything about keeping the money in your wallet

  • confused

    “Twenty million people can’t have the rug pulled out from under them. That’s untenable.” lol like the people who were told they could keep their plan. The people that were told they could keep their doctor. When we had to buy our own insurance it went up double digits every year. Made 20$ a YEAR to much to qualify for the $200 a YEAR subsidy. So it went from $600 a month to $1000 a month with less coverage and a higher deductible as the years rolled on-we could only afford a “silver” plan. Bronze was not accepted after year two and gold was out of our price range. You have to work the hours you are told=20$ a year too much, or get fired. Couldn’t get more hours at any of the multiple jobs we held or THE’D have to offfer insurance, even tho we begged and said we have our own just please give us more hours. The constant working 7 days a week of all shifts just to survive was awful. And we aren’t a smoking, eating out, movies couple. Just work, chores, and sleep.Yet you see the refusing to work with foods, carts of EBT food, somehow $ for movies, fancy cars how??!! How is this fair?! You are better off sitting on your backside and letting the middle class support you.

  • Eugene Golden

    Actually there is no way to budget a trip to the hospital or a illness WITHOUT the ACA for those that did not have health insurance. That is why over 67 percent of bankruptcies are caused by medical bills.

  • liberty

    Congress should be made to take the same insurance as everybody else. They coddle themselves with the best while we suffer with this joke of a system made to fail. This was first named after Hillary then changed to Obama. I bet that gives you great hope.

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