Annual out-of-pocket medical expenses fell by an average 11.9% for adults under age 65 during 2014 and 2015, while the average annual premium increased 12.1%, according to a study reported today in JAMA Internal Medicine. The study looked at changes in out-of-pocket spending and premiums after the Affordable Care Act’s main coverage provisions took effect in 2014, and found average out-of-pocket spending and premiums declined for all individuals and households except those earning more than 400% of the federal poverty level. “Repealing or otherwise dismantling the legislation without a suitable replacement could cause financial harm to many lower-income families,” the authors said. “…Reforms to the ACA that could improve household spending burdens include expanding Medicaid in all states, increasing the generosity of cost-sharing and premium subsidies, and increasing the actuarial values of standard exchange plans.”
 

Related News Articles

Perspective
We’re 11 days into 2019 … we’ve returned to a divided government …and the partial government shutdown continues.
Headline
The House of Representatives last night authorized its general counsel to intervene to defend the Affordable Care Act in a federal court case in Texas, and in…
Headline
Seventeen Democratic attorneys general today appealed a federal judge's recent ruling that the entire Affordable Care Act is unconstitutional.
Headline
AHA today urged the departments of Health and Human Services and Treasury to revise their updated guidance governing waivers under Section 1332 of the…
Perspective
As this year winds down, on behalf of the entire AHA Board of Trustees and our staff team, I want to thank you for all you do. I also want to express our…
Headline
The Department of Health and Human Services this week issued a statement confirming that the agency will continue administering and enforcing all aspects of…