|
| | Thursday, August 25, 2016
|
Health insurance still relatively inexpensive for many As the NewsSource reported Wednesday, the price of individual health insurance coverage will increase next year by a record amount in Tennessee after state regulators agreed to rate increases requested by the three health insurers still offering exchange plans under the Affordable Care Act. But despite record increases in individual health insurance rates, most Tennesseans still will be able to buy health care coverage for under $75 a month next year by shopping around and taking advantage of federal tax subsidies, according to a new government study. The Department of Health and Human Services estimates that 81 percent of consumers in Tennessee will pay under $75 a month — and 83 percent will pay $100 or less monthly — to buy individual health insurance through the ACA marketplace. Federal subsidies will go up along with higher insurance premiums next year.. Fewer than 35,000 Tennesseans now pay the full cost of the marketplace plans without any subsidies. HHS officials say the rate increases approved for this year, for instance, didn't force most consumers in Tennessee to pay a lot more for coverage. Last year, despite headlines projecting double-digit rate increases, the average premium increased just $4 per month for ACA consumers with tax credits, and seven out of 10 could purchase coverage for less than $75 per month, the study says. Last year, more than 43 percent, or 60,000 returning Tennessee marketplace consumers switched plans. They saved an average of $52 per month.
|
Return to Today's News Stories - Front PageThursday, April 29, 2021
US 411 Project News
Mill Creek Wildfire Update
More Bad News For Smokies' Fans
Wednesday, April 28, 2021
Mill Creek Wildfire doubles in size
Goodbye Smokies?
Keep Cocke County Beautiful
Cocke Co. High School Remote Learning today!
Tuesday, April 27, 2021
The fireflies are coming!
Burnout Operations on MillCreek wildfire today
Gas prices drop
Tennessee keeps all US House seats
Monday, April 26, 2021
Boat accident victim ID'd
Traffic stop yields drug arrest
Cocke County Wildfires
Friday, April 23, 2021
Leaving WNPC
Mathis announces candidacy
Newport drug roundup
Cruise Against Cancer
Jobless numbers
|
|
|