TV News LIES

Saturday, Apr 18th

Last update06:04:13 AM GMT

You are here News Health Report: Obamacare health insurance will have affordable rates

Report: Obamacare health insurance will have affordable rates

E-mail Print PDF

health insurance ratesIn spite of concerns about “sticker shock,” rates for individual coverage on the new health insurance marketplaces appear to be lower than expected in most states due mainly to robust competition among insurers, the Obama administration reported Wednesday.

With prices all but finalized in most states, a new report by the U.S. Department of Health and Human Services found that monthly premiums in 47 states and the District of Columbia, on average, will be 16 percent lower next year than the Congressional Budget Office projected they would be in 2016 – when the marketplaces are at full capacity.

Roughly 95 percent of uninsured people who are eligible for marketplace coverage live in states where average monthly premiums for individual coverage is lower than expected, the report found. And the states with the lowest premiums have more than twice the number of plans offering coverage than states with the highest premiums.

Administration officials were clearly buoyed by the findings, which appear to support their claims that the Affordable Care Act would give consumers more choices and better rates by bringing more insurers into the markets.

More...


Most Recent Related Stories...


Why The FDA Has Never Looked At Some Of The Additives In Our Food

food additivesCompanies have added thousands of ingredients to foods with little to no government oversight. That's thanks...

Reports to Feds on deadly bacteria outbreaks arrived late

supre bugsReports alerting federal officials that contaminated medical scopes appeared to be spreading deadly superbugs among hospital...

Georgia governor signs bill to legalize medical marijuana

Nathan DealGeorgia Gov. Nathan Deal, signed a bill Thursday legalizing medical marijuana in the state, but questions...

Big Tobacco Sues FDA Over New Packaging Guidelines

big tobaccoThe nation's largest tobacco companies are suing the Food and Drug Administration over recent guidelines that...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!