CONSUMERS MULL OPTIONS, AS THEY ARE FACED WITH HEALTH LAW HIKES
Consumers across America will soon see their health care premiums increase next year for popular plans under Obamacare. It will take time for families and consumers to figure out the best plan that fits their budgets, and a even bigger battle brews over the program’s future. Under Obamacare, there are four levels platinum, gold, silver, and bronze. Sliver is a level below what most consumers with employee coverage has.
Studies show that the premiums for the lowest-level in the silver plan will increase by 10%. While these hikes are based on the findings of independent experts, the Obama administration, has yet to release their own analysis of 2015 premiums. What the experts found, was that while hikes are expected, they will not occur in every state. This is why the analysts have focused on the silver plans, because this coverage level is picked by about two-thirds of Americans on the Health care website and on state-run insurance coverage markets.