Obamacare health exchange premiums lower than expected
An excerpt from today's story about the release of premium data tied to the federal health exchange that launches in Florida next month:
Less than a week before the Affordable Care Act insurance marketplaces open for business, the federal government announced that average costs in Florida and other states will be lower than it once projected.
The federal government says the national average monthly premium for a single person's midtier "silver" plan is $328 before tax credits. That's 16 percent lower than the Congressional Budget Office had originally estimated.
"The bottom line is that Jan. 1 will be a new day for millions of Americans," said U.S. Department of Health and Human Services Secretary Kathleen Sebelius Tuesday in a call with reporters. "Coverage will be more available and accessible than ever before."
In the Tampa-St. Petersburg-Clearwater metropolitan area, the federal government estimates that a family of four with an income of $50,000 a year could purchase a "silver" plan for $282 a month after tax credits are factored in.