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
- Missing snowmobilersCentral Okanagan - 7:35 am
- Grow-op garage fireKelowna - 9:08 am
- Victim sleeps in trailer to prevent theftVernon / N. Okanagan - 9:39 am
- Lumby student rules with pastaKelowna - 9:37 am
|QHR Technologies Inc||1.18||+0.02|
|Anavex Life Sciences||0.42||-0.018|
|Copper Mountain Mining||2.20||-0.09|
|Sunrise Resources Ltd||0.035||+0.005|
|Mission Ready Services||0.295||0.00|
How will you pay for this today? Maybe it’s time to change the way you answer this common checkout question.With more payment options than ever, consumers can find easy ways to save money, simpl...
In the razzle dazzle of Hollywood it is hard to find anyone who stands out from the crowd. The fraternity of Actors, Producers, Directors and various other technical guru’s seem to live in a wo...
This past Sunday I drove from Kelowna to Powell River. For those of you who’ve never had to, particularly in winter, it means rising in the wee hours; managing a treacherous journey on the Coqui...