Monday, August 5, 2013

Obamacare again saves money, this time in Montana.

These numbers just came out for Montana's coverage savings from Obamacare. People will actually save money:
According to Montana Insurance Commissioner Monica J. Lindeen's study, a Montanan buying health insurance in the individual market can expect to pay an average of $273 a month for comprehensive health insurance purchased in the Marketplace, compared to an estimated average of $290 a month had Obamacare not passed. A small business consumer can expect to pay an average of $375 a month per employee for a comprehensive small group plan in the Marketplace, compared to an average of $450 a month per employee had Obamacare not passed.

None of these figures include the federal purchasing assistance available to both individuals and small businesses buying in the Marketplace. Many Montanans – up to 80 percent in the individual market -- are expected to qualify for and use such assistance, meaning their actual out-of-pocket expenses on health insurance could be significantly lower.

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