CMS announces average premiums for 2020 benchmark plans

Oct 22, 2019 - 02:44 PM
health insurance policy image 900x 400

The average premium for a benchmark plan at HealthCare.gov will decline 4% in 2020 to $388, the Centers for Medicare & Medicaid Services announced today. For the 38 states using HealthCare.gov to sell plans in the individual health insurance market, the average premium change in 2020 for a benchmark (second-lowest-cost silver) plan for a 27-year-old adult will range from a 20% decline in Delaware to a 13% increase in Indiana, according to data released by the agency. An additional 20 qualified health plan issuers will offer coverage through the federally-facilitated exchange in 2020, and the number of enrollees with access to only one insurer will drop from 20% to 12%, CMS said. Open enrollment for 2020 coverage through HealthCare.gov begins Nov. 1 and runs through Dec. 15.

Related News Articles

Headline
Court rules for Jefferson Health in denying closed-door arbitration of Aetna’s ‘level of severity’ policy, affirming AHA’s legal position
The U.S. District Court for the Eastern District of Pennsylvania Nov. 4 ruled in favor of Jefferson Health in granting a public resolution to determine the…
Headline
Blog: Four Reasons the HHS Provider Tax Study Misses the Mark
A new AHA blog examines a Department of Health and Human Services issue brief that claims Medicaid hospital provider taxes increase employer-sponsored…
Blog
HHS Analysis Does Not Establish a Causal Link Between Medicaid Provider Taxes and Commercial Premiums
Public
A recent issue brief from the Department of Health and Human Services asserts that Medicaid hospital provider taxes raise employer-sponsored insurance premiums…
Headline
2026 open enrollment for marketplace plans to begin Nov. 1
Individuals and families can enroll in or change their health coverage options through the Health Insurance Marketplace from Nov. 1 through Jan. 15. The AHA…
Headline
CMS proposes changes to Marketplace pre-enrollment verification process
The Centers for Medicare & Medicaid Services Oct. 23 released a proposed rule implementing new Health Insurance Marketplace eligibility verification…
Headline
Commonwealth Fund survey finds uninsured rate among working-age Americans rose to 11% in 2026 
The uninsured rate among working-age Americans rose to 11.2% in 2026, up from 8.9% in 2024, according to the latest biennial Commonwealth Fund survey on health…