The following article by Margot Sanger-Katz and Kevin Quealy was posted on the New York Times website October 27, 2017:
The rates for next year’s Obamacare plans are out, and they show how President Trump’s actions have scrambled the insurance marketplace.
Usually, plans known as gold have higher monthly premiums but lower out-of-pocket costs than “silver” plans, which have tended to cost less each month and have been the most popular plans.
But this month, Mr. Trump carried out a longstanding threat and ended certain subsidies for insurers. To compensate for the lost funding, insurers increased the prices of their plans — heavily in the silver category and less so in others. Continue reading “When Silver Costs More Than Gold: How Trump’s Actions Have Scrambled Insurance Prices”