Sticker price for Obamacare: $300/month premiums for young to middle-aged adults
WASHINGTON - It's the No. 1 question about President Barack Obama's health care law: Will consumers be able to afford the coverage?
Now the answer is coming in.
The biggest study yet of premiums posted by states finds that the sticker price for a 21-year-old buying a mid-range policy will average about $270 a month. A copy of the study was provided to The Associated Press.
That's before government tax credits that act like a discount for most people, depending on their income.
List-price premiums for a 40-year-old will average close to $330, the study found. They're nearly double that for a 60-year-old, $615 a month.
The study by the private data analysis firm Avalere Health points to a competitive market emerging, said lead author Caroline Pearson, with big price differences among age groups, states and even within states.
Read more Business News
- CF-18s headed to Poland Canada - 9:16 am
- Premier talks 2nd crossingKelowna - 5:00 am
- City has eyes on youKelowna
- Doctor shortage surveyCentral Okanagan - 5:00 am
|QHR Technologies Inc||1.27||+0.05|
|Anavex Life Sciences||0.365||-0.01|
|Copper Mountain Mining||2.37||-0.05|
|Sunrise Resources Ltd||0.025||-0.005|
|Mission Ready Services||0.20||-0.03|
How much time should you put into prospecting? The question is a bit of a puzzle. Ideally, there would be a reference book that lists, by industry, how much time you should invest in prospecting acti...
The Big Picture Valuation fears grip markets Growing concerns about the level of stock market valuations sparked a risk-off trade in global markets this week. Investors are worried that many companies...
Photo: ContributedFor many businesses this has been a tremendously difficult time since the 2008 crisis. Business fell off. Sales techniques that always worked, well… stopped working. Customers...