A HHS study found while premiums may increase significantly next year, government subsidies might work to offset these increases, according to Bloomberg.
Here are five highlights:
1. HHS' Kathryn Martin, acting assistant secretary for planning and evaluation, said most consumers will have affordable options.
2. The Affordable Care Act did not bode well for many payers, causing them to leave many exchanges and raise premiums. However, the report found if premiums increase 25 percent, nearly 78 percent of shoppers could purchase coverage for $100 or less a month next year.
3. This figure is up from 76 percent of shoppers able to buy plans for this amount in 2016.
4. The government gave almost 9.4 million out of the 11.1 million Americans in ACA exchange plans subsides as of March 31, 2016.
5. The report only analyzes the impact of increasing premiums by 25 percent in 38 states that use the HealthCare.gov website. The report does not evaluate all 2017 premiums, which many state regulators are still assessing.
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