Health Insurance Rates to Drop
It’s happening! Obamacare is starting to take effect, and health insurance rates are starting to drop. The Obama administration said earlier this week that it has cleared more states to develop their own insurance markets, including such Republican-leaning places as Idaho, Nevada and Utah.
To date, 20 states including Washington, DC have been conditionally approved to partially or fully run their marketplaces — with the remaining states having until February 15, 2013 to apply for a State Partnership Exchange.
“States across the country are working to implement the health care law and build a marketplace that works for their residents,” said Health and Human Services (HHS) Secretary Kathleen Sebelius. “In 10 months, consumers in all 50 states will have access to a new marketplace where they will be able to easily purchase affordable, high quality health insurance plans, and today’s guidance will provide the information states need to guide their continued work.”
For more information on how to apply for these low-cost and affordable health insurance plans, visit www.AffordableHealthInsurance.org