Arizonans looking to buy health insurance will get good news this fall. According to a new analysis, health insurance premiums in the Arizona Marketplace are expected to drop by 4 percent, making our state one of only eleven forecast to see a drop.
The Affordable Care Act (ACA), popularly known as Obamacare, has seen an overall slowdown in premium rate increases nationally. For Arizona, this decrease is a major turnaround and in sharp contrast to 2017 when we received national attention for having the highest price jump in the nation.
Experts attribute the stabilization of prices to insurers learning how to thrive in the ACA marketplace. Further evidence of this can be seen in Arizona as more insurers re-enter our insurance marketplace, meaning more choices of plans this fall as well. Nine out of ten Arizonans receive assistance from the federal government in paying ACA insurance premiums, which remain largely unaffordable for those who earn too much to qualify for assistance.
Before you vote on or before November 6, ask your candidates where they stand on making the health care marketplace weaker or stronger. Click
type in your zip code and find out who the candidates for Congress are in your district and how you can contact them.*
*This article originally appeared in the Children's Action Alliance digital distribution.