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CMS: Premiums on silver ACA plans to drop 1.5% on average next year

Premiums for silver Affordable Care Act plans are expected to drop by an average of 1.5% in 2019 after increasing by 37% this year, although premiums will vary widely across the US, ranging from a 26% drop in Tennessee to a 20% increase in North Dakota, according to a new CMS report. The agency said this is the first time that premiums will fall since the ACA took effect, but experts said much of the decline can be attributed to insurers raising premiums too much this year amid efforts by the Trump administration to undermine the health care law.

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