Study Shows Costs Decrease Under Insurance Marketplace
Charleston Gazette – Most people in West Virginia will pay less in health insurance premiums through the state’s health insurance exchange than they would have in the regular insurance market before the federal Affordable Care Act was passed by Congress, according to a state-commissioned actuarial study. Read
The rates are dependent on getting younger, healthy people to sign up for insurance, officials added.
“There’s very few that are going to fall into this demographic of paying more, and most are going to qualify for subsidies,” Brandon Merritt, a health policy analyst with the West Virginia Center on Budget and Policy, said Thursday at a meeting of the Health Care Implementation Coalition. “That’s going to actually be a good deal in the long term.”