Tuesday, October 23, 2018
Hawai'i Free Press

Current Articles | Archives

Tuesday, October 25, 2016
Hawaii Obamacare Premiums Going Up 32% for 2017—Unless You Get a Tax Credit
By Selected News Articles @ 3:53 PM :: 2551 Views :: Health Care, Tax Credits

2017 Premium Changes and Insurer Participation in the Affordable Care Act’s Health Insurance Marketplaces

From Kaiser Health News Oct 24, 2016 | Cynthia Cox , Michelle Long, Ashley Semanskee, Rabah Kamal, Gary Claxton, and Larry Levitt

Health insurance premiums on the Affordable Care Act’s marketplaces (also called exchanges) are expected to increase faster in 2017 than in previous years due to a combination of factors, including substantial losses experienced by many insurers in this market and the phasing out of the ACA’s reinsurance program. We analyzed 2017 premiums and insurer participation made available through Healthcare.gov on October 24, 2017, as well as data collected from states that run their own exchange websites. At this time, data are not available for all states; we will update as more complete information becomes available.

Changes in the Second-Lowest Silver Premium

The second-lowest silver plan is one of the most popular plan choices on the marketplace and is also the benchmark that is used to determine the amount of financial assistance individuals and families receive. The table below shows these premiums for a major city in each state with available data. (We have been reporting premiums in these cities since the launch of the ACA’s exchanges in 2014; similar analyses for 2015 and 2016 are also available.)

Across these major cities in 2016, the second-lowest silver premium for a 40-year-old non-smoker ranged from $186 per month in Albuquerque, NM to $719 in Anchorage, AK, before accounting for the tax credit that most enrollees in this market receive. In 2017, the second-lowest silver premium for a 40-year-old non-smoker living in these cities will range from $229 in Louisville, KY and Cleveland, OH to $904 in Anchorage, AK, before accounting for the tax credit.

Of these major cities, the places with the largest increases in the unsubsidized second-lowest silver plan were Phoenix, AZ (up 145% from $207 to $507 per month for a 40-year-old non-smoker), Birmingham, AL (up 71% from $288 to $492) and Oklahoma City, OK (up 67% from $295 to $493). Meanwhile, unsubsidized premiums for the second-lowest silver premiums will decrease in Indianapolis, IN (down -4% from $298 to $286 for a 40-year-old non-smoker), Cleveland, OH (down -2% from $234 to $229), and Providence, RI (down -1% from $263 to $261) and increase just 1% in Little Rock, AR (from $310 to $314).

Most enrollees in the marketplaces receive a tax credit to lower their premium. In most parts of the country in 2016, a 40-year-old adult making $30,000 per year would pay about $208 per month for the second-lowest-silver plan. If this person is willing to switch to whatever the new second lowest-cost silver plan is in 2017, they will pay a similar amount (the after-tax credit payment for a similar person in 2017 is $207 per month or a change of 0%). In some parts of the country (for example, in Albuquerque, NM), premiums for a 40-year-old are so low in 2016 that an enrollee making $30,000 may not have qualified for a subsidy. In these places, an increase in the benchmark silver premium may make them newly-eligible for financial assistance.

Table 1: Monthly Silver Premiums
for a 40 Year Old Non-Smoker Making $30,000 / Year
2nd Lowest Cost Silver Before Tax Credit 2nd Lowest Cost Silver After Tax Credit
State Major City 2016 2017 % Change
from 2016
2016 2017 % Change
from 2016
Alabama Birmingham $288 $492 71% $208 $207 0%
Alaska Anchorage $719 $904 26% $164 $163 -1%
Arizona Phoenix $207 $507 145% $207 $207 0%
Arkansas Little Rock $310 $314 1% $208 $207 0%
California Los Angeles $245 $258 5% $208 $207 0%
Colorado Denver $278 $313 12% $208 $207 0%
Connecticut Hartford $318 $404 27% $208 $207 0%
Delaware Wilmington $356 $423 19% $208 $207 0%
DC Washington $244 $298 22% $208 $207 0%
Florida Miami $262 $306 17% $208 $207 0%
Georgia Atlanta $254 $286 13% $208 $207 0%
Hawaii Honolulu $262 $347 32% $179 $178 -1%
Idaho Boise $273 $348 27% $208 $207 0%
Illinois Chicago $198 $291 48% $198 $207 5%
Indiana Indianapolis $298 $286 -4% $208 $207 0%
Iowa Cedar Rapids $284 $301 6% $208 $207 0%
Kansas Wichita $248 $361 46% $208 $207 0%
Kentucky Louisville $223 $229 3% $208 $207 0%
Louisiana New Orleans $332 $373 13% $208 $207 0%
Maine Portland $288 $341 19% $208 $207 0%
Maryland Baltimore $249 $309 24% $208 $207 0%
Massachusetts Boston $250 N/A N/A $208 N/A N/A
Michigan Detroit $226 $237 5% $208 $207 0%
Minnesota Minneapolis $235 $366 55% $208 $207 0%
Mississippi Jackson $283 $352 25% $208 $207 0%
Missouri St Louis $287 $310 8% $208 $207 0%
Montana Billings $322 $425 32% $208 $207 0%
Nebraska Omaha $313 $368 18% $208 $207 0%
Nevada Las Vegas $261 $282 8% $208 $207 0%
New Hampshire Manchester $261 $267 2% $208 $207 0%
New Jersey Newark $330 $353 7% $208 $207 0%
New Mexico Albuquerque $186 $258 39% $186 $207 11%
New York New York City $369 $456 24% $208 $207 0%
North Carolina Charlotte $409 $572 40% $208 $207 0%
North Dakota Fargo $304 $331 9% $208 $207 0%
Ohio Cleveland $234 $229 -2% $208 $207 0%
Oklahoma Okla. City $295 $493 67% $208 $207 0%
Oregon Portland $261 $312 20% $208 $207 0%
Pennsylvania Philadelphia $276 $418 51% $208 $207 0%
Rhode Island Providence $263 $261 -1% $208 $207 0%
South Carolina Columbia $314 $404 29% $208 $207 0%
South Dakota Sioux Falls $309 $448 45% $208 $207 0%
Tennessee Nashville $281 $419 49% $208 $207 0%
Texas Houston $256 $288 13% $208 $207 0%
Utah Salt Lake City $244 $292 20% $208 $207 0%
Vermont Burlington $468 $492 5% $208 $207 0%
Virginia Richmond $276 $296 7% $208 $207 0%
Washington Seattle $227 N/A N/A $208 N/A N/A
West Virginia Huntington $341 $419 23% $208 $207 0%
Wisconsin Milwaukee $326 $379 16% $208 $207 0%
Wyoming Cheyenne $426 $464 9% $208 $207 0%
NOTES: In areas in which the two lowest-cost silver plans have the same premium, the next lowest-cost silver plan is used as the “second-lowest” silver plan. In some cases, a portion of the second lowest-cost silver plan is for non-essential health benefits so these values may differ from the benchmark used to determine subsidies. Data for MA and WA are not yet available.
SOURCE:  Kaiser Family Foundation analysis of premium data from Healthcare.gov and insurer rate filings to state regulators. For more information see  “Early Look at 2017 Premium Changes and Insurer Participation in the Affordable Care Act’s Health Insurance Marketplaces” Jul 2016.

Changes in Insurer Participation 

As a result of losses in this market, some insurers like UnitedHealth and Aetna have announced their withdrawal  from the ACA marketplaces or the individual market in some states. In 2016, the number of insurers participating in each state (grouped by parent company) ranged from 1 in Wyoming to 16 in Texas. In states that use Healthcare.gov, the average number of insurers participating in the marketplace will be 3.9 in 2017 (down from 5.4 companies per state in 2016, 5.9 in 2015 and 4.5 in 2014). Marketplace insurer participation in states using Healthcare.gov in 2017 ranges from 1 company in Alabama, Alaska, Oklahoma, South Carolina, and Wyoming, to 15 companies in Wisconsin. 

Table 2: Total Number of Insurers by State, 2014 – 2017
Total Number of Issuers in the Marketplace
State 2014 2015 2016 2017
Alabama 2 3 3 1
Alaska 2 2 2 1
Arizona 8 11 8 2
Arkansas 3 4 4 3
California 11 10 12 NA
Colorado 10 10 8 NA
Connecticut 3 4 4 NA
Delaware 2 2 2 2
DC 3 3 2 NA
Florida 8 10 7 5
Georgia 5 9 8 5
Hawaii 2 2 2 2
Idaho 4 5 5 NA
Illinois 5 8 7 5
Indiana 4 8 7 4
Iowa 4 4 4 4
Kansas 3 3 3 3
Kentucky 3 5 7 3
Louisiana 4 5 4 3
Maine 2 3 3 3
Maryland 4 5 5 NA
Massachusetts 10 10 10 NA
Michigan 9 13 11 9
Minnesota 5 4 5 NA
Mississippi 2 3 3 2
Missouri 3 6 6 4
Montana 3 4 3 3
Nebraska 4 4 4 2
Nevada 4 5 3 3
New Hampshire 1 5 5 4
New Jersey 3 5 5 2
New Mexico 4 5 4 4
New York 16 16 15 NA
North Carolina 2 3 3 2
North Dakota 3 3 3 3
Ohio 11 15 15 11
Oklahoma 4 4 2 1
Oregon 11 10 10 6
Pennsylvania 7 9 7 6
Rhode Island 2 3 3 NA
South Carolina 3 4 3 1
South Dakota 3 3 2 2
Tennessee 4 5 4 3
Texas 11 14 16 10
Utah 6 6 4 3
Vermont 2 2 2 NA
Virginia 5 6 7 9
Washington 7 9 9 NA
West Virginia 1 1 2 2
Wisconsin 13 15 16 15
Wyoming 2 2 1 1
HealthCare.gov Average 4.5 5.9 5.4 3.9
US Average 5 6.1 5.7 NA
SOURCE:  Kaiser Family Foundation analysis of premium data from Healthcare.gov and insurer rate filings to state regulators. For more information see  “Early Look at 2017 Premium Changes and Insurer Participation in the Affordable Care Act’s Health Insurance Marketplaces” Jul 2016.
NOTES: Insurers are grouped by parent company or group affiliation, which we obtained from HHS Medical Loss Ratio public use files and supplemented with additional research. For 2017, the number of insurers in non-Healthcare.gov states is not yet available.
Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

808 State Update AM940

ABCDEFG Blog

ACA Signups Hawaii

ACCE

Affordable Hawaii Coalition

ALEC

Alliance Defending Freedom

Aloha Conservative Alliance

Aloha Life Advocates

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

American Mothers of Hawaii

AMVETS-Hawaii

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Audit The Rail

Ballotpedia Hawaii

Better Hawaii 

Blaisdell Memorial Project

Broken Trust

CAFR Hawaii

Castaway Conservative

Children's Alliance Hawaii

Children's Rights Institute

Christian Homeschoolers of Hawaii

Citizens for Recall

Cliff Slater's Second Opinion

Coffee Break

Conservative Forum for Hawaii

CSIS Pacific Forum

DAR Hawaii

DeedySupport.com

DVids Hawaii

E Hana Kakou Kelii Akina

E Māua Ola i Moku o Keawe

Farmers For Choice Hawaii

FIRE

Fix Oahu!

Follow the Money Hawaii

Frank in Hawaii

Front Page Magazine

Frontline: The Fixers

Genetic Literacy Project

Get Off Your Butts!

God, Freedom, America

Grassroot Institute

Habele.org

Hawaii Aganst Assisted Suicide

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crime Victims' Rights

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defending Marriage

Hawaii Defense Foundation

Hawaii Families for Educational Choice

Hawaii Family Advocates

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Firearm Community

Hawaii Fishermen's Alliance

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii March for Life

Hawaii Meth Project

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Right to Life -- Big Island

Hawaii Right to Life -- Oahu

Hawaii Senate Informer

Hawaii Shield Law Coalition

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

Hawaii Votes

Heritage Foundation

HI Coalition Against Legalized Gambling

HIEC.Coop

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Homeless Crisis

Honolulu Navy League

Honolulu Traffic

Horns of Jericho Blog

House Minority Blog

House Republican Caucus YouTube

HPACC

Hump Day Report

Hunting, Farming and Fishing Assoc.

I Vote Hawaii

If Hawaii News

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

Iowa Meets Maui

Jackson v Abercrombie

Jihad Watch

Judgepedia Hawaii

July 4 in Hawaii

Kahle v New Hope

Kakaako Cares

Kau TEA Party

Kauai Co GOP

Keep Hawaii's Heroes

KeyWiki

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Mauna Kea Recreational Users Group

MentalIllnessPolicy.org

Middle East Forum--The Legal Project

Mililani Conservatives for Change

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

Muslim Brotherhood in America

NAMI Hawaii

NARTH

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

National Wind Watch

New Zeal

NFIB Hawaii News

No GMO Means No Aloha

Northwest Economic Policy Seminar

Not Dead Yet, Hawaii

Now What I Really Think

NRA-ILA Hawaii

Oahu Alternative Transport

ObamaCare Abortion Hawaii

OHA Lies

Ohana Policy Group

OurFutureHawaii.com

Pacific Aviation Museum

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons 

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

Republican Party -- Hawaii State

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Salvage The Rail

Save the Plastic Bag

School Choice in Hawaii

SenatorFong.com

SIFE Remington

SIFE W. Oahu 

Sink the Jones Act

Smart About Marijuana--Hawaii

St Marianne Copenull

State Budget Solutions Hawaii

State Policy Network

Statehood for Guam

Tax Foundation of Hawaii

TEA Party Maui

TFB Micronesia

The Harriet Tubman Agenda

The Long War Journal

The Real Hanabusa

Time Out Honolulu

Truth About Trade & Technology - Hawaii

UCC Truths

Union Members Know Your Rights

United Veterans Hawaii

US Tax Foundation Hawaii Info

Valor in the Pacific

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT