Obamacare

[Tarheel_Dem]

5. Where does she live? Some good info in this thread except, predictably, response #1.

Obamacare Gets Some Good News From California

—By Kevin Drum

| Fri May. 24, 2013 7:56 AM PDT

A few days ago I mentioned some good news out of Oregon: competition among health insurers was forcing down the price of coverage on the state's new Obamacare exchanges. Yesterday we got more good news from a much bigger state: mine. Wonkbook has the deets:


In 2009, the Congressional Budget Office predicted that a medium-level "silver" plan — which covers 70 percent of a beneficiary's expected health costs — on the California health exchange would cost $5,200 annually. More recently, a report from the consulting firm Milliman predicted it would carry a $450 monthly premium. Yesterday, we got the real numbers. And they're lower than anyone thought.



As always, Sarah Kliff has the details. The California exchange will have 13 insurance options, and the heavy competition appears to be driving down prices. The most affordable silver-level plan is charging $276-a-month. The second-most affordable plan is charging $294. And all this is before subsidies. Someone making twice the poverty line, say, will only pay $104-a-month.

Sparer plans are even cheaper. A young person buying the cheapest "bronze"-level plan will pay $172 — and that, again, is before any subsidies.

http://www.motherjones.com/kevin-drum/2013/05/obamacare-gets-some-good-news-california