Here are five insights:
1. Mr. Trump has specifically picked rate increases on the high-end of the spectrum on the ACA marketplaces.
2. Between 2015 and 2016, the average premium increase hit 8 percent for HealthCare.gov consumers.
3. About 85 percent of consumers purchasing HealthCare.gov marketplace plans in 2016 qualified for tax credits and experienced an increase in premiums of 4 percent, according to the Department of Health and Human Services.
4. The ACA mandates payers submit proposed premium increases above 10 percent to regulators for review.
5. The majority of consumers on ACA plans did not experience the extreme premium increase Mr. Trump claimed.
More articles on coding, billing & collections:
Do low-income families need insurance to enhance lifespans? 5 things to know
Obama administration sets new Medicaid insurance plan standards — 6 key points
5 things to know about Medicare’s ASC vs. HOPD payments
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
