This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/world-us-canada-37758742
The article has changed 3 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Obamacare rates will rise by 25% in 2017, US government says | Obamacare rates will rise by 25% in 2017, US government says |
| (about 11 hours later) | |
| The cost of healthcare insurance in the US under the Affordable Care Act is expected to rise by an average of 25% in 2017, according to the government. | The cost of healthcare insurance in the US under the Affordable Care Act is expected to rise by an average of 25% in 2017, according to the government. |
| About one in five consumers will also only be able to pick plans from a single insurer, it said. | About one in five consumers will also only be able to pick plans from a single insurer, it said. |
| But it said federal subsidies will also rise, and about 70% of people will find plans for less than $75 (£61) a month. | But it said federal subsidies will also rise, and about 70% of people will find plans for less than $75 (£61) a month. |
| Republican nominee Donald Trump vowed on Tuesday to repeal the law, which is known as Obamacare. | |
| It is a major part of President Barack Obama's legacy, and his signature piece of legislation. | |
| "Obamacare is just blowing up," said Mr Trump, who has promised his own plan would deliver "great health care at a fraction of the cost". | |
| The enactment of the Affordable Care Act (ACA) in 2010 mandated that every American had to purchase private insurance, and prohibited insurers from turning away the sick. It also provided subsidies. | The enactment of the Affordable Care Act (ACA) in 2010 mandated that every American had to purchase private insurance, and prohibited insurers from turning away the sick. It also provided subsidies. |
| But Republicans want to repeal it. | But Republicans want to repeal it. |
| According to the report from the Department of Health and Human Services, for a 27-year-old consumer, in the prime age group sought by insurers, the average monthly premium for a benchmark plan would be $302 next year, up from $242 this year. | According to the report from the Department of Health and Human Services, for a 27-year-old consumer, in the prime age group sought by insurers, the average monthly premium for a benchmark plan would be $302 next year, up from $242 this year. |
| The average increase of 25% in benchmark premiums on the federal exchange compares with increases of 2% in 2015 and 7% this year. | The average increase of 25% in benchmark premiums on the federal exchange compares with increases of 2% in 2015 and 7% this year. |
| Democratic presidential nominee Hillary Clinton has said she supports the Affordable Care Act, but has denounced "skyrocketing out-of-pocket health costs", saying the federal government should have the power to block or modify unreasonable rate increases. | Democratic presidential nominee Hillary Clinton has said she supports the Affordable Care Act, but has denounced "skyrocketing out-of-pocket health costs", saying the federal government should have the power to block or modify unreasonable rate increases. |
| Obamacare has already faced two major challenges in the US's highest court. | Obamacare has already faced two major challenges in the US's highest court. |
| Congressional Republicans have voted more than 50 times to undo the law. | Congressional Republicans have voted more than 50 times to undo the law. |
| Unlike in many other western countries, the US does not have a single-payer healthcare system. Private companies, rather than the US government, provide health insurance for US citizens. | Unlike in many other western countries, the US does not have a single-payer healthcare system. Private companies, rather than the US government, provide health insurance for US citizens. |
| Following the enactment of the ACA in 2010, states were given the option of establishing their own healthcare exchanges - online marketplaces for citizens to buy health coverage. | Following the enactment of the ACA in 2010, states were given the option of establishing their own healthcare exchanges - online marketplaces for citizens to buy health coverage. |
| Citizens in states that refused to establish exchanges could shop for coverage on a federal exchange. | Citizens in states that refused to establish exchanges could shop for coverage on a federal exchange. |
| However, most Americans receiving subsidies purchase healthcare through the federal exchange, after many states decided not to set up their own marketplaces. | However, most Americans receiving subsidies purchase healthcare through the federal exchange, after many states decided not to set up their own marketplaces. |
| Obamacare by the numbers | Obamacare by the numbers |
| Source: Reuters | Source: Reuters |