New studies find health law's insurance premium costs won't be cheap, but consumers will have many options

A study by the Kaiser Family Foundation offered estimates of how much government tax credits would lower the price of the "silver" benchmark policy. A second study, this one by Avalere Health, examined sticker prices at a variety of levels.

The Associated Press/Washington Post: Independent Studies Break Down Health Law's Premiums: Wide Range Of Options And Costs
Coverage under President Barack Obama's health care law won't be cheap, but cost-conscious consumers hunting for lower premiums will have plenty of options, according to two independent private studies. A study released Thursday by the nonprofit Kaiser Family Foundation found that government tax credits would lower the sticker price on a benchmark "silver" policy to a little over $190 a month for single people making about $29,000, regardless of their age. … A separate study released Wednesday from Avalere Health, a private data analysis firm, took a wide-angle view, averaging the sticker prices of policies at different coverage levels (9/5).

The Hill: Kaiser Study Finds 'Lower Than Expected' Obamacare Premiums
A leading health policy research organization reported "lower than expected" premiums for Obamacare's new insurance exchanges in a major study released Thursday. The nonpartisan Kaiser Family Foundation compiled premium data from the new marketplaces in the 17 states where it is fully available and released a variety of figures showing how much consumers will pay if they choose to purchase coverage individually (Viebeck, 9/5).

The Associated Press/Washington Post: Sticker Price For Obamacare: $300/Month Premiums For Young To Middle-Aged Adults
The No. 1 question about President Barack Obama's health care law is whether consumers will be able to afford the coverage. Now the answer is coming in. The biggest study yet of premiums posted by states finds that the sticker price for a 21-year-old buying a mid-range policy will average about $270 a month. That's before government tax credits that act like a discount for most people, bringing down the cost based on their income (9/4).

Bloomberg: Obamacare Insurance Costs Affordable, Kaiser Survey Finds
A 25-year-old New Yorker earning $25,000 a year will pay as little as $62 a month for health insurance next year, and a peer living in Vermont may pay nothing, according to a 17-state survey of premiums under the U.S. health-care overhaul. The Kaiser Family Foundation report is the broadest look yet at what consumers will pay for health insurance when the Affordable Care Act takes full effect next year (Wayne, 9/5).


http://www.kaiserhealthnews.orgThis article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.

 

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