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Report: Obamacare health insurance will have affordable rates
McClatchy

In spite of concerns about “sticker shock,” rates for individual coverage on the new health insurance marketplaces appear to be lower than expected in most states due mainly to robust competition among insurers, the Obama administration reported Wednesday.

With prices all but finalized in most states, a new report by the U.S. Department of Health and Human Services found that monthly premiums in 47 states and the District of Columbia, on average, will be 16 percent lower next year than the Congressional Budget Office projected they would be in 2016 – when the marketplaces are at full capacity.

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