Cigar
01-30-2014, 01:18 PM
Premiums for most health plans sold through Obamacare’s state and federal marketplaces are lower than those for the average employer-sponsored plan, according to a new analysis by consulting firm PricewaterhouseCoopers (PwC).
“In 2014 health insurance plans offered on the ACA’s 51 new exchanges are on average, comparable to, or lower priced than, similar employer-based plans,” wrote PwC. “In addition, most exchange shoppers have a wider variety of plans than the typical employer-based offering.”
http://thinkprogress.org/wp-content/uploads/2014/01/pwc-exchange-premiums-638x382.png
Last year, the Congressional Budget Office (CBO) projected that Obamacare premiums would be 18 percent lower than originally expected. The PwC analysis puts that figure in concrete terms, finding that the median Silver, Gold, and Platinum plans sold through the marketplaces are anywhere from $61 to $1377 cheaper than the average employer plan. The cheapest mid-level Silver plan — the most popular option for Americans buying new policies — could be almost $2500 cheaper than an employer sponsored plan.
The main reason that Obamacare plans are more affordable on a month-to-month basis is that the health law extends tax credits to Americans who have incomes between the poverty level and four times the poverty level. Early numbers indicate that over 80 percent of Americans buying plans qualify for some sort of subsidy, with the poorest Americans paying less than $100 per month in premiums.
- more -
http://thinkprogress.org/health/2014/01/30/3226271/obamacare-premiums-employer-plans/
:laughing4:
“In 2014 health insurance plans offered on the ACA’s 51 new exchanges are on average, comparable to, or lower priced than, similar employer-based plans,” wrote PwC. “In addition, most exchange shoppers have a wider variety of plans than the typical employer-based offering.”
http://thinkprogress.org/wp-content/uploads/2014/01/pwc-exchange-premiums-638x382.png
Last year, the Congressional Budget Office (CBO) projected that Obamacare premiums would be 18 percent lower than originally expected. The PwC analysis puts that figure in concrete terms, finding that the median Silver, Gold, and Platinum plans sold through the marketplaces are anywhere from $61 to $1377 cheaper than the average employer plan. The cheapest mid-level Silver plan — the most popular option for Americans buying new policies — could be almost $2500 cheaper than an employer sponsored plan.
The main reason that Obamacare plans are more affordable on a month-to-month basis is that the health law extends tax credits to Americans who have incomes between the poverty level and four times the poverty level. Early numbers indicate that over 80 percent of Americans buying plans qualify for some sort of subsidy, with the poorest Americans paying less than $100 per month in premiums.
- more -
http://thinkprogress.org/health/2014/01/30/3226271/obamacare-premiums-employer-plans/
:laughing4: