People who buy a health plan on a state-run insurance exchange this fall for coverage next year will likely pay less than federal budget officials anticipated, according to a new report released Thursday by the U.S. Department of Health and Human Services.
At issue are individual and small-group health plans that will be available through online marketplaces called “exchanges,” created by each state as a result of the Affordable Care Act, which is sometimes called Obamacare.
A federal analysis of rates available on public exchanges in 10 different states and Washington D.C. shows that they are, on average, 18 percent less than an estimate in March 2012 by the Congressional Budget Office.
Federal health officials contend that lower-than-expected rates in some states constitute a national trend, which means, on average, premiums for health insurance will be lower in other states, too.
It’s too early to say if that will be the case in Connecticut. State insurance regulators are still reviewing health plans submitted by five different insurers.
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