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Nebraska

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TexasTowelie

(117,825 posts)
Sun Oct 23, 2016, 03:04 AM Oct 2016

Health insurance costs rising dramatically for ACA plans [View all]

Nebraskans looking at individual health insurance plans under the federal Affordable Care Act likely will be shocked at the price increases for next year -- an average 50 percent premium hike.

The actual increase depends on where you live, whether you are a smoker and other factors. But the premiums have gone up significantly, said Martin Swanson, with the Nebraska Department of Insurance.

The premiums for small-group insurance are rising much less, an average 16 percent average, he said during a public forum sponsored by Rep. Jeff Fortenberry on Wednesday.

For example, a silver plan under ACA will cost a 28-year-old about $337 a month in the group market next year, but about $425 in the individual market, said Chris McPike, a vice president of ComPro, a health insurance brokerage company.

Read more: http://journalstar.com/news/state-and-regional/federal-politics/health-insurance-costs-rising-dramatically-for-aca-plans/article_e32a0a89-8b18-5035-b712-2c552ce6b90a.html

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