Affordable Care Act- see state-by-state premium rates for health insurance marketplace

September 26, 2013

Business, Did you know?, Laws

Obamacare
Feds release premium rates for health insurance marketplace 

On March 23, 2010, President Obama signed the Affordable Care Act into law, putting in place comprehensive reforms that improve access to affordable health coverage for everyone and protect consumers from abusive insurance company practices.

For the uninsured or those who don’t get their coverage through work, a key component of the Affordable Care Act will take effect on October 1, 2013 when the new Health Insurance Marketplace open for business, allowing millions of Americans to comparison shop for a variety of quality, affordable plans that best meet their health care needs.

Health Insurance

On October 1, 2013, a Health Insurance Marketplace will open in each state, providing a new, simplified way to compare individual market health insurance plans. Americans will be able to use the Health Insurance Marketplace to shop for and purchase health insurance coverage, which will begin January 1, 2014.

In addition, individuals and families with household incomes between 100 percent and 400 percent of the Federal Poverty Level (FPL) who are not eligible for certain other types of coverage may qualify for tax credits to make premiums more affordable.

State-by-State Monthly Marketplace Premiums

A new report shows that the Affordable Care Act will deliver on its promise to make health insurance more affordable and accessible for Americans who need it.

The report, released by the Department of Health and Human Services (HHS) finds that in state after state, affordable options will be available through the Health Insurance Marketplace in 2014. Nearly all eligible uninsured Americans (about 95%) live in states with average premiums below earlier projections. And nearly all consumers (about 95%) will have a choice of health insurance companies,each of which offers a number of different plans.

The Marketplace will be run in partnership with States or fully by the HHS in 36 states. In these states, on average, consumers will have a choice of 53 health plans (bronze, silver, gold, and platinum plans), and young adults will have the additional option of low-cost catastrophic or youth plans.

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Video: The Health Insurance Marketplace is coming – Get Started Today

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Video: Health Insurance Marketplace -American Nurses Association

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Video: Details about the new insurance marketplace

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Health Insurance Marketplace

Source: whitehouse.gov

Note: In the map above, “lowest-cost plan” refers to the lowest cost bronze level plan in that state’s Marketplace.
“Mid-range plan” refers to the second lowest cost silver level plan in that state’s Marketplace.

States listed in order of population

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State-by-State Monthly Marketplace Premiums Top 25 States By Population

State-by-State Monthly Marketplace Premiums 26 and under States By Population

State by State Monthly Marketplace Premiums

See full report below

State-by-State Monthly Marketplace Premiums

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One Comment on “Affordable Care Act- see state-by-state premium rates for health insurance marketplace”

  1. Jueseppi B. Says:

    Reblogged this on The ObamaCrat™.

    Reply

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