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Monday
Dec092013

Consumers Face Higher Deductibles Under Obamacare Plans

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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