Monday
Dec092013
Consumers Face Higher Deductibles Under Obamacare Plans
Monday, December 9, 2013 at 10:13AM
Now that more individuals are able to enroll in plans through the improved Obamacare website, they are discovering that the lower insurance premiums mean more out-of-pocket costs that many may not be able to afford.
The deductibles are averaging $5,081 per year for the minimal coverage Bronze plans on the HealthCare.gov website in 34 of the 36 states on the federal exchange. That's 42 percent higher than the $3,589 deductible individual plans in 2013. For a couple or a family, deductibles may be as high as $12,700, The Wall Street Journal reports.
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