Obamacare Premiums To Dip Despite GOP Sabotage

The New York Times reports:

Nearly three years into President Trump’s aggressive efforts to undermine the Affordable Care Act, prices for the most popular type of health insurance plan offered through the health law’s federal marketplace will actually drop next year, and the number of insurers offering plans will go up.

Administration officials credited Mr. Trump with the resiliency of the law even as they echoed his contempt for it. “The A.C.A. simply doesn’t work and is still unaffordable for far too many,” Alex M. Azar II, the secretary of health and human services, said on Monday. “But until Congress gets around to replacing it, President Trump will do what he can to fix the problems created by this system for millions of Americans.”

The 4-percent price decline is only the second time that average monthly premiums have dropped year-to-year since the marketplace opened in 2014, and it is a sign that the health law is stabilizing after several years of turmoil caused in part by Mr. Trump.