Health Insurance 2023 Preview

Higher is the bottom line.

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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.

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Jae’s Corner: Uncommon Financial Insight is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.