Fifth ACA marketplace rate analysis

Fifth ACA marketplace rate analysis

CHRT shares its fifth annual analysis of ACA marketplace options and rates, analyzing options and costs during the six-week open enrollment period. The analysis finds that the increase in premium rates has stabilized compared to the prior year. Additionally, at least 48 of Michigan’s 83 counties saw an increased number of options in every plan type: bronze, silver and platinum. In 2018, all of Michigan’s 83 counties had at least two marketplace insurers, with many counties having additional options (the number of plans ranged from 12 to 57). However, funding for marketplace navigation assistance fell by 72 percent this year, from $2,228,692 in 2017 to $627,958 in 2018.