are the health insurance marketplaces open for enrollment, and all eyes are on the number of issuers, plans and prices. According to a new report by the Department of Health and Human Services (HHS), there are 25 percent more issuers in the federally run exchanges and eight out of ten current consumer can choose to get health insurance for $ 100 or less a month. But to get the best rates, should the current customers shop around.
The new HHS report provides data on the health plans for 35 countries with the federally-run health insurance market, HealthCare.gov. Here's what you need to know.
25% more insurance carriers (more choice and competition)
Compared to 2014 are to HHS, 91 percent of consumers are to choose capable of 3 or more issuers are 25 percent more exhibitors to participate in the markets for 2015 - up from 74 percent in 2014. the average consumer can choose from an average of 40 health plans for the year 2015 coverage - to 30 in 2014
Chart source: HHS
66% Can you get coverage for $ 50 / month or less
by HHS, as many as 66 percent of participants who received coverage in 2014, regardless of level of metal, can be used for 50 / month $ in the reporting year enroll 2015 or less (for premium tax credits).
and 79 percent of all customers can return to the Marketplace $ 100 or less after tax credits get coverage for, regardless of your 2014 Schedule metal level choice.
The following is a breakdown of the current market enrollees who selected a plan, with or without tax credits and what percent were able to get for $ 100 or less (by premium tax credits) [Cover1945003]
diagram. Source: HHS
Returning Customers should shop around to save money
Returning Customers Shop should to save money, according to the HHS report. That's because more than 7 out of 10 current market enrollee can find a lower premium plan in the same metal layer before tax credits by the return to business.
Read the full overview of HHS.
See related article:
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With tax credits, Average Market Health Plan costs $ 82 a month
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a first look on the individual health insurance rates for 2015
What do you think about the latest market data? Join the discussion and comment below.
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