Report: Expanding Medicaid lowers insurance premiums: 5 takeaways

The Obama administration released a report looking at 2015 data and found that in states where Medicaid was expanded more enrollees are healthy and therefore pay lower insurance premiums than in states that didn't expand, the Washington Examiner reported

Here is what your should know.

1. Many states have finalized major insurance premium increases for the Affordable Care Act in 2017.

2. Thirty-one states and the District of Columbia have expanded Medicaid.

3. The Department of Health and Human Services said the expanded Medicaid marketplace had risk pools comprised of people who had incomes above 138 percent of the federal poverty level. The non-expansion states have risk pools with below 138 percent.

4. In 2015, the marketplace premiums for the second-lowest cost plans were 8 percent lower in expansion states than in non-expansion states, the study read.

5. HHS doesn't account for other factors that can affect demographics like policy decisions, insurer networks or demographics.

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