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New Report Finds Reduced Health Insurance Costs on Obamacare Marketplaces

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A new report by the Urban Institute has found that the cost of health insurance plans sold on Obamacare marketplaces has shrunk each year since premiums rose dramatically in 2017 and 2018.

The Urban Institute found that Affordable Care Act (ACA) premiums fell by an average of 1.2% from 2018 to 2019, 3.2% from 2019 to 2020 and another 1.7% from 2020 to 2021.

For the study, analysis relied on premium and insurer participation data for all states and the District of
Columbia; using data from for 36 states and data from 15 state-based Marketplace

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