U.S. Rep. Ron Kind (D-WI) praised a new report released Sept. 25 by the Department of Health and Human Services (HHS) illustrating how Wisconsin consumers will find lower insurance rates and more affordable plan options in the Affordable Care Act’s (ACA) new Health Insurance Marketplace.
“This is more proof that families in Wisconsin and across the country will benefit from the Affordable Care Act,” said Kind. “Premium rates in the Wisconsin Marketplace are even lower than originally projected, and Wisconsin consumers will be able to choose from an average of 97 health plans in the new Health Insurance Marketplace.”
Open enrollment in the new Health Insurance Marketplace began on Oct. 1. Millions of Americans are now able to shop for “gold,” “silver,” or “bronze” health insurance coverage. The HHS report found that in 36 states there will be an average of 53 health plans in the Marketplace for consumers to choose from and that the average premium will be 16 percent lower than originally expected (before taking financial assistance into account). Here in Wisconsin, a 27-year old who makes $25,000 per year will pay $96 per month for the lowest-cost bronze plan (taking into account tax credits), and a family of four with an income of $50,000 per year would pay just $106 per month in a bronze plan.
“Consumers were too often denied quality health insurance options in the past, but thanks to the ACA, consumers will now be able to choose from various new coverage options at a price that’s affordable,” concluded Kind.
Early in September, Kind hosted information sessions on the Affordable Care Act in Eau Claire, Stevens Point, Platteville and La Crosse so that residents across the district could get information and ask questions about how the new health care reform law can help individuals, families and businesses.
Kind has also made his Congressional website, www.kind.house.gov, into a comprehensive, one-stop shop for online resources to help consumers take full advantage of the new law.
To get more information about benefitting from the new health care reform law, go to www.healthcare.gov or call the official customer service line at 800-318-2596.