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Obamacare: Californians will pay 10th highest rates in country under health exchange

Tracy Seipel
San Jose Mercury News [1]
September 26, 2013

The price of health insurance under Obamacare came sharply into focus Thursday, as Californians learned that they will pay the 10th-highest rates in the country for a mid-range policy.

With less than a week to go until open enrollment begins on the new health-insurance exchanges created by the Affordable Care Act, the Obama administration published insurance premiums and plan choices for 26 states where the federal government is taking the lead to cover uninsured residents.

The survey came as the administration went into full campaign mode to promote the benefits of the law to a skeptical public as Republicans in Congress refused to abandon their quest to derail Obamacare and continued to flirt with a government shutdown to force the issue.

In a call with reporters, Health and Human Services Secretary Kathleen Sebelius said premiums will generally be lower than what the nonpartisan Congressional Budget Office estimated when the legislation was being debated a few years ago. Consumers will be able to choose from an average of 53 plan options when the new markets open Tuesday, she said.

“For millions of Americans, these new options will finally make health insurance work within their budgets,” she said.

Full article here [1]