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Affordable Care Act Premium Rates Projected To Increase By 10 Percent

from Healthcare Finance

Insurers are projected to submit rate increases in the Affordable Care Act market of about 10 percent, which is higher than the roughly 6 percent increase for 2019, according to Dave Dillon, a fellow of the Society of Actuaries and senior vice president of Lewis & Ellis, Actuaries and Consultants. An estimated 2 percent of the increase will be due to the return on the health insurance tax. more

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