Wednesday, July 17, 2013

ACA to Reduce Health Insurance for New Yorkers by 50%?

New York Times Graphic. Source: NY State Dept of Financial Services
So says the New York Times,
State insurance regulators say they have approved rates for 2014 that are at least 50 percent lower on average than those currently available in New York. Beginning in October, individuals in New York City who now pay $1,000 a month or more for coverage will be able to shop for health insurance for as little as $308 monthly. With federal subsidies, the cost will be even lower.
These kinds of stories will only make Republicans more desperate. If the cost of insurance nationally falls by similar amounts, the ACA will became hugely popular.

1 comment:

William Martin said...

Great news for the New York citizens so this is the right time to buy a health insurance policy. Take the policy and secure your health under any mishap.

Thanks
William Martin

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