Ms. magazine  -- more than a magazine a movement

SIGN UP FOR MS. DIGEST, JOBS, NEWS AND ALERTS

FEMINIST WIRE NEWSBRIEFS

ABOUT
SEE CURRENT ISSUE
SHOP MS. STORE
MS. IN THE CLASSROOM
FEMINIST DAILY WIRE
FEMINIST RESOURCES
PRESS
JOBS AT MS.
READ BACK ISSUES
CONTACT
RSS (XML)
 
feminist wire | daily newsbriefs

September-27-13

95 Percent of Uninsured Will Have Lower Healthcare Premiums than Projected

Health insurance under the Affordable Care Act will be even more affordable than planned. When the health insurance marketplaces open on October 1, millions of uninsured individuals will be able to choose healthcare plans with lower premiums than originally projected by the Congressional Budget Office (CBO).

A report released by the Department of Health and Human Services (HHS) this week revealed that 95 percent of consumers purchasing health insurance through the marketplace live in states with average premiums below CBO estimates. Some monthly premiums are now projected to be more than 16 percent lower than originally estimated, meaning that people will soon enjoy inexpensive, quality health care options that they did not have before.

Tax credits will make health insurance even more affordable. The federal government will subsidize plans by offering tax credits to families and individuals within 100 percent and 400 percent of the federal poverty level, up to $45,960 for an individual and $94,200 for a family of four. These credits will be paid directly to insurance providers, so consumers will not have to front that cost. Factoring in these tax credits, about 6 in 10 uninsured individuals will be able to purchase health insurance through the marketplace for $100 or less per month.

In a speech yesterday, President Obama emphasized that once the marketplace opens, shopping for health insurance will be as easy as booking a plane ticket or hotel room online. Each state's marketplace, accessible through Healthcare.gov, will offer several plans from which to choose. Health insurance providers will display instant price quotes, and individuals will be able to see right away if they qualify for tax credits or other lower costs.

Enrollment begins on October 1, 2013 and runs through March 31, 2014.

Media Resources: U.S. Department of Health and Human Services; The White House


© Feminist Majority Foundation, publisher of Ms. magazine

If you liked this story, consider making a tax-deductible donation to support Ms. magazine.

 

 

Send to a Friend
Their
Your
Comments
(optional)


More Feminist News

10/30/2014 Medication Abortion Access Threatened by Oklahoma Court Ruling - An Oklahoma state district court judge has refused to block a state law restricting medication abortion, clearing the way for the law to go into affect on November 1. The Oklahoma Coalition for Reproductive Justice, together with a local abortion clinic in Tulsa, challenged HB 2684 in September, arguing that the law was an unconstitutional restriction on non-surgical abortion in the earliest weeks of pregnancy. . . .
 
10/30/2014 UPS Switches Pregnant Worker Policy Ahead of Supreme Court Case - The United Parcel Service (UPS) is changing its policy on light duty assignments for pregnant workers, even though the company will stand by its refusal to extend accommodations to a former employee in an upcoming Supreme Court case. UPS announced on Monday in a memo to employees, and in a brief filed with the US Supreme Court, that the company will begin offering temporary, light-duty positions to pregnant workers on January 1, 2015. . . .
 
10/30/2014 North Dakota Medical Students Speak Out Against Measure 1 - Medical students at the University of North Dakota School of Medicine and Health Sciences are asking North Dakotans to vote no on Measure 1, a personhood measure on the state ballot this fall. The students issued published a letter in the Grand Forks Herald stating that they opposed Measure 1 in part because they are against "the government's taking control of the personal health care decisions of its citizens." Nearly 60 UND School of Medicine students signed the letter, citing concerns over the "very broad and ambiguous language" used in the proposed amendment, which has no regard for serious and life-threatening medical situations such as ectopic pregnancies. Measure 1 would change the North Dakota state constitution to create an "inalienable right to life" for humans "at any stage of development" - including the moment of fertilization and conception. . . .