Administration does Obamacare damage control

Published August 24, 2016 6:00pm ET



The Obama administration says nearly three in four Obamacare customers still can pay less than $75 a month for a health plan, in the wake of widely publicized reports that the marketplaces are suffering from a lack of affordable options.

Even if all insurance rates were to increase by 25 percent next year, 73 percent of shoppers would still be able to pay less than $75 per month for a plan with the help of federal subsidies, the Department of Health and Human Services said in an analysis released Wednesday afternoon.

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