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Wednesday, October 28, 2015

Obama administration unveils health care premiums for 2016

When consumers turn on their laptops and tablets Monday morning, they should be able to check premiums for 2016 under President Barack Obama's health care law.

Rates are going up in many parts of the country as a new sign-up season starts Nov. 1. But people have options if they shop around, and an upgraded government website will help them compare costs and benefits. and state-run insurance markets are entering their third year, offering taxpayer-subsidized private coverage. That's helped cut the share of Americans who are uninsured to about 9 percent, a historical low. Still, the many moving parts of the Affordable Care Act don't always click smoothly, and people are divided about the law.

A look at what's new for 2016:

Average premium? No such thing


Anonymous said...

wait for the even bigger increases to hit next year after the election. I hope all you democrat voters are getting your fair share of increases..

Anonymous said...

10:43 democrat voters are not paying a dime.
But mine went from 650 to 950 a month.
needless to say - we are rolling the dice in 2016 and hope we do not get ill, while looking for a new job that has benefits.

Anonymous said...

Obama is not revealing the new prices. It's the insurance companies who set their rates.

Anonymous said...

We need to find out how much PROFIT the Insurance Companies are making now. They give you such a big deductible that you are paying them and your own medical. So where is their money going. In their CEO's pockets and the govenments???????