Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Employee Benefits

Inflation, health spending drive ACA premiums higher for 2023

April 05, 2023 Reprints

Inflation and higher health spending helped drive monthly premiums for Affordable Care Act coverage up an average of 3.4% between 2022 and 2023, reversing a trend of recent declines, according to a new report from the Urban Institute and the Robert Wood Johnson Foundation, Axios reports. The average silver plan benchmark premium increased from $438 to $453 in the last year for a 40-year-old nonsmoker. Markets with a single insurer had premiums that were $128 more than in markets with five or more insurers.

Help

Inflation, health spending drive ACA premiums higher for 2023

Readers Poll

Most Read in Employee Benefits

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources