Obama administration nods to new CMS report about ACA health plan affordability — 5 takeaways

CMS conducted a report that revealed an Affordable Care Act marketplace individual plan median deductible is $850, supporting the Obama administration’s claims that the ACA is affordable, according to The Hill.

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Here are six takeaways:

1. Republicans have frequently argued against the ACA’s skyrocketing deductibles.

2. The Obama administration retorted by saying of ACA enrollees, 60 percent qualify for a “cost-sharing reduction,” which decreases out-of-pocket costs.

3. The median deductible hits $850 with this financial assistance.

4. Those Americans with incomes up to 250 percent of the poverty line qualify for financial assistance.

5. Those enrollees who don’t qualify for financial assistance (12 percent) have a median deductible of $3,000 in silver level plans.

6. The CMS report notes 17 percent of ACA enrollees have a median deductible greater than $5,000.

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