Health Insurance 2023 Preview

Higher is the bottom line.

KFF (think tank) is reporting on the rate increase proposals that have been submitted. Looks 10% higher.
This is unsurprising, given that premiums have been almost entirely flat for 2 years, and new entrants have come into both the state and federal health insurance exchanges.
If Congress does not act, then some people are in for MUCH higher increases, as a result of the fact that they will not be able to get the ‘subsidy’ which is actually a tax credit. Of course, y’all know this because you all (didn’t) watch this.