News

As Delaware’s health insurance options shrink, families hold their breath

Posted on

“In some states, including Delaware, insurers have announced that next year they will not participate in the exchanges, also called online marketplaces, that serve consumers who do not get insurance at work or through government programs, such as Medicare or Medicaid. The insurers blame financial losses and mounting uncertainty over federal funding and rules that govern the exchanges.For example, the Trump administration has not committed to continuing a program that reduces deductibles and copayments for some low-income families. The program reimbursed insurers $7 billion in 2016. Without the funds, insurers and analysts say, premiums could rise 15% to 20% on top of other proposed hikes.”

« Back to News