Keeping your health law plan may mean premium hike

(AP)—Many of the 7 million consumers who got insurance under the president's health care law will see premiums go up next year, unless they're willing to switch to another plan.

That was the assessment of independent analysts as the Health and Human Services department released a massive computer file of premium details on Friday.

The numbers will take time to crunch. But they're expected to show that certain low-cost plans used by the government to set for consumers will cost about the same as this year. That's about $330 a month.

The catch is that your current plan may no longer be the low-cost benchmark, and you'll pay the higher premium unless you switch.

Sign-up for 2015 starts Saturday and runs through Feb. 15.


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Citation: Keeping your health law plan may mean premium hike (2014, November 15) retrieved 23 August 2019 from https://medicalxpress.com/news/2014-11-health-law-premium-hike.html
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