Corpus Christi health insurance continues to raise the ire of lawmakers who want to strike the Affordable Care Act down for good. Ironically, Rick Thornton, a health insurance agent in Corpus Christi, Texas, points out that premiums are lower, people are signing up, and insurers are making money hand over fist.
Corpus Christi health Insurance is still in a constant state of flux as we continue to get our feet wet in 2020. Ironically, it’s not because the Affordable Care Act isn’t working. To the contrary, the government is reporting several favorable statistics are either on the rise or holding steady as the bill continues to be peppered with lawsuits aimed at killing it.
According to the government, ACA continues to be defined by falling costs for average premiums. The average cost of a benchmark silver plan dropped by an average of 1.5% for the first time since 2014. Obviously, this is a good thing for consumers, who find themselves not having to pay an arm and a leg for quality health insurance policies in Corpus Christi. The same data shows that 8.3 million Americans have signed up for coverage this year. This is only a 2 percent drop from last year, and we’re barely a full month into the New Year and don’t have complete data from states that have their own health insurance infrastructure in Corpus Christi. On top of all this, insurers are profitable, earning a healthy $131 in gross margins per enrollee in 2019 per a new report from Kaiser. In many cases, insurers are paying their clients rebates due to the increased revenue.
Essentially, ACA is still a pretty good deal for many people, and concerns over whether or not it can be sustainable for the long-term are no longer a concern. Rick Thornton, a health insurance agent in Corpus Christi, said the reason for the lawsuits stems from the ruling two years ago when ACA’s individual mandate to buy a health plan or pay a fine was repealed. New lawsuits suggest that the statutory rump of the individual mandate that was left behind after the repeal is now unconstitutional. But all the positive incoming data will only drive the point home further that ACA works.
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