ACA should be allowed to work as it was intended
Regarding the article “Health insurers' proposed 2018 rate hikes are early ‘warning signs'” (ModernHealthcare.com, May 10), the exchanges would be stable if Congress and the current administration allowed them to work as intended. Of course the exchanges will die if they continue to choke them.
Republicans will be citing these huge increases for 2018 as evidence that Obamacare is dying. The public must be made to understand that the law is not being allowed to work as written. Risk-corridor payments were severely cut; cost-sharing subsidies for low-income households are being eliminated; HHS has stopped supporting exchange enrollment with advertising.
The article mentions that actuarial tables cannot be calculated with reasonable accuracy because rules for next year's coverage are unclear. Everyone will need to add contingency numbers to cover themselves for the worst case. It will be amazing if any insurance company actually offers any plans for 2018.
David Matz, Ph.D. Chadds Ford, Pa.