The Affordable Care Act could get a whole lot less "affordable" for almost 5 million people if the Obama Administration loses this court fight.
Nearly 90 percent of people who bought insurance plans on HealthCare.gov receive subsidies and will face an average increase in their premiums of a whopping 76 percent if court challenges to a key component of the health-care law are successful, according to a new analysis released Thursday.
And by 2016, about 7.3 million enrollees will lose about $36 billion in subsidies if those court challenges succeed, according to another study issued the same day.
Affected enrollees of four HealthCare.gov states—Florida, Georgia, Missouri and Alaska—would see rate hikes averaging 80 percent or more—and subsidized Mississippi enrollees would face an average increase of 95 percent, according to the the analysis by the Avalere Health consultancy.
Subsidized enrollees in 20 other states would face premium price increases averaging between 70 percent and 79 percent, Avalere Health found.The remaining other 11 states would see their subsidized enrollees pay an average of between 58 percent to 69 percent more for health-care exchange plans.
The increases represent the difference between what enrollees actually paid for the plan after the subsidies were awarded them, compared with the full retail price paid for non-subsidized enrollees.