Some Health Plan Costs to Increase by an Average of 25 Percent, U.S. Says
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This article from The New York Times discusses the announcement made by the Obama administration regarding the projected increase in health insurance premiums for 2017. The article highlights that some Americans who obtain insurance through the Affordable Care Act could face premium increases averaging 25 percent. It explains that the main factors contributing to the higher premiums are the higher healthcare costs and the fact that not enough healthy people have signed up for coverage. The article also mentions that while the premium increases will affect a small percentage of Americans, it is expected to have political implications during the presidential election. Furthermore, it provides information about the potential impact on consumers and the steps the administration plans to take to mitigate the effects.