Affordable Care Act projections released - wave3.com-Louisville News, Weather & Sports

Affordable Care Act projections released

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(Source: MGN Online) (Source: MGN Online)
(Toledo News Now) -

Initial projections are out for upcoming health care premiums that will accompany the Affordable Care Act.

The Department of Health and Human Services says premiums nationwide will be 16 percent lower than projected. While Ohio is still waiting to find out official numbers from the State Department of Insurance, one insurance agent says without those numbers, it's hard to predict where each state stands.

"Insurance in Indiana may be different than what it is in Ohio," said Rhonda Wise, vice president of Beacon Associates. "Insurance in California is going to be different than Ohio and it just depends on how that state is regulated. It's not a set rate across the board."

According to the White House website, the average number of health plans that will be available in Ohio is 46. For a family of four, the mid-range plan premium is $768.

Jan Ruma, executive director of the Hospital Council of Northwest Ohio, says about 55,000 Lucas County residents are uninsured. She says now is the time to find out what insurance products individuals qualify for.

"There's different plans," Ruma said. "It's a bronze, silver, platinum level, I believe, that changes how much out-of-pocket expenses a person has. So the less out-of-pocket expenses a person has, the more expensive the premium is going to be."

Ruma says it's hard to predict the impact ‘Obamacare' will have.

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