Consumers can now check premiums for the next enrollment period in ObamaCare. But they may not like what they see
If you want or need health insurance in 2016, the next enrollment period for Obamacare begins November 1. The problem is that rates are going up in many parts of the country – and some more than others.
Hadley Heath Manning, director of health policy at the Independent Women's Forum, says that's no surprise. The problem with healthcare before the Affordable Care Act, he explains, is that consumers were "too distant" from what they wanted.
"And unfortunately ObamaCare makes that even worse," she tells OneNewsNow.
Consumers do have the option of shopping around if they decide to purchase insurance online through Healthcare.gov or their state-based exchange, if one is available.
When looking for a plan, Manning says people often look only at premiums and not deductibles and out-of-pocket expenses.
"That's very important because if you have a health event during the course of a year, that can be an enormous expense for some people," she says.
The Associated Press reports that Californians will see an average rise of 1.8 percent in their premiums while Minnesotans will see double digits – as high as a whopping 49 percent.
In 2014, the average deductible for some of the bronze-level plans was more than 40 percent higher than the average deductibles in the pre-ObamaCare market, Manning says.
There is no subsidy or tax credit to apply to costs and deductibles. They only apply to the premium.
The Associated Press story also advised consumers to pay attention to costs beyond the monthly premium.