A glimpse at insurance costs under Obamacare exchanges — NewsWorks

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Obama, BidenThe Obama administration wants to give consumers a preview of the prices theyll pay when they log on to buy health coverage next week.

Days before the beginning of open enrollment for the health insurance marketplaces, the new report offers the anticipated average cost of premiums by state.

The marketplaces, previously referred to as exchanges, are a mainstay of the Affordable Care Act. Each state will have one for individuals and small-business owners to compare and shop for health plans.

Consumers shopping on their own — without the help of an employer — will also go to the marketplaces to learn if their income qualifies them for subsidies or other health programs, including Medicaid.Among the 36 states with federally run exchanges, the report found the average number of plan options is 53. The average for Pennsylvania is 56, 29 in New Jersey and 19 in Delaware. The actual number of options may be very different from county to county in each state.

Click on the link below for the full story from WHYY Newsworks:

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via A glimpse at insurance costs under Obamacare exchanges — NewsWorks.

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