Latest on the Marketplace health insurance exchange
Posted by AzBlueMeanie:
Five health insurers have filed their rate plans with the Arizona Department of Insurance for the Marketplace health insurance exchange beginning October 1. More information will become available in the coming weeks, but for now here is the report from the Arizona Republic. 5 health insurers outline rates for Arizonans under Affordable Care Act:
Paperwork filed by five major health insurers gives Arizona its first
glimpse of how much the Affordable Care Act will cost consumers when
they begin shopping for mandatory coverage next month.
Plans
submitted to the Arizona Department of Insurance signal that average
monthly rates will range from $225 to $334 when insurance marketplaces
launch Oct.1. Filing rate plans were Aetna, Blue Cross Blue Shield of
Arizona, Cigna, Health Net and Meritus, formerly called Compass Health
Cooperative.
The documents suggest Arizona consumers will be able
to choose from a variety of plans and rates during the six-month
enrollment period, with monthly premiums that will range from less than
$100 to more than $1,700. Those rates are before federal, sliding-scale
subsidies kick in for consumers who earn up to 400 percent of the
federal poverty level.
[See Subsidy Calculator | The Henry J. Kaiser Family Foundation.]