How Much Will Health Insurance Cost Under The Affordable Care Act?
- 385 POINTSview profileSoarella - Mary GruenbergPresident, Soarella, Inc.,Some have said the rates will go up and others have said the rates will go down. Everyone is probably correct since there are many variables that the actuaries use to determine rates. The good news is that as of 10/1 the health insurance rates based on the Affordable Care Act are now available so you can find out whether they will go up or down for you and/or your family. Keep in mind, there have and will continue to be many technological issues. You have until 12/7 to make your decision for your 1/1/14 policy. You may want to wait to do your analysis with your broker for another week or two for some of the glitches to be fixed, but don't wait until the last minute or your may face other problems including possible penalties.Answered on October 10, 2013flag this answer
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