Sunday, July 28, 2013

Growing Number Of States Are Reporting Lower Than Expected Health Care Premiums


http://thinkprogress.org/health/2013/07/27/2365901/growing-number-of-states-are-reporting-lower-than-expected-health-care-premiums/

Health premiums in Maryland’s exchanges will be “among the lowest of the 12 states that have available proposed or approved rates for comparison,” the state’s exchange — Maryland Health Connection — announced Friday. 
The news comes just as New York,OregonMontanaCalifornia, and Louisiana are also reporting lower than expected premiums.
In Maryland, a 25-year-old will be able to purchase a plan that is more comprehensive than policies currently available on the individual market for $114 per month, while a middle aged adult will have to pay approximately $260 per month for insurance. 
A 21-year-old non-smoker can start as low as$93 a month. Officials say they used their authority to deny rate increases to reduce the proposed premiums by “more than 50 percent.” Thirty other states have have similar authority.
but, but how can that be republicans told us that the premiums will rise and bankrupt the country, say it ain't so Beohner you assured us it would be an abomination and complete failure you guys would see to that, what happen where's the higher premiums Mr. Speaker?
The prices Marylanders will pay are lower than the Congressional Budget Office (CBO) anticipated, but do cost more than the bare-bones plans that are available today. Residents will have a choice of nine insurance carriers andthree out of four people purchasing coverage through the exchange will qualify for tax credits, further reducing the cost of coverage. Nationally, 6 million out of the 7 million people who are expected to enroll in 2014 will receive subsidies.
have you guys been lying all this time Mr. Speaker?