Industry Groups Press Congress on PaymentsSeptember 13, 2017 |
by Les Masterson
Payers and ACA supporters view CSR payments as critical to stabilizing the ACA market. Without those payments, insurance companies will flee the individual insurance market or ask for large premium increases. Already, the average individual insurance premiums are expected to increase by about 20% next year. Without those subsidies, the Congressional Budget Office predicted ACA premiums would skyrocket another 20%.