How Much Will Obamacare Cost You?
Written by Your 5News Team
Last updated on September 25, 2013 @ 10:50PM
Created on September 25, 2013 @ 10:32PM
The Obama administration released the costs of the Affordable Care Act on Wednesday, and they're lower than what most people predicted; sixteen percent lower, actually.
The national average premium will be $328 a month, but that's before government subsidies. Most people without insurance right now will end up paying less than $100 a month. If you make less than $46,000 you will be eligible for government subsidies. If you make more than that, prices will range because of age, income, and the providers in your area.
In West Virginia the cost of the benchmark plan for the average 30-year-old is $200 a month, while the average 50-year-old will pay closer to $370. Actual costs are based on your personal situation.
Even with the lower premiums, residents said they're still opposed to Obamacare.
"I don't believe they are lower than they expected, but personally, my own healthcare has gone up just in the last two weeks," said Rick Ruffel.
"Regardless of whether they came in lower or not I still believe that this country can't afford that system. I don't believe it will ever work and the American taxpayer will not be able to meet the demands of it," said Jeffrey Webb.
You can start enrolling in Obamacare on October 1st. Coverage will begin in January.
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