Despite Trump’s attacks, Obamacare sign-ups dip only slightly

Millions of Americans opted to sign up for coverage on the exchanges for 2018 anyway

Some 11.8 million people selected plans on the federal and state-based exchanges, down 3.7% from last year, according to the National Academy for State Health Policy. The data, released Wednesday, provides the first look at sign-ups for 2018 nationwide. Just over 8.7 million people signed up on the federal exchange, while a little over 3 million picked plans in the 11 states and District of Columbia, which run their own marketplaces. Obamacare advocates had feared that sign-ups would plummet after the Trump administration cut the open enrollment period in half, slashed advertising by 90% and reduced support for enrollment assistance. Also, insurers hiked premiums for many plans amid the uncertainty in Washington, D.C. and President Trump’s elimination of funding for Obamacare’s cost-sharing subsidies. However, in a strange twist, richer federal premium subsidies actually made coverage more affordable for many people.

http://money.cnn.com...  Febuary 08, 2018

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