Concerns about the Affordable Care Act being unaffordable for those purchasing policies through health care exchanges were understandable, because the law didn’t do enough to contain costs. But the worry that people would be priced out of the market looks to be overblown. Washington, Oregon and California have released the prices of policies on their exchanges, and the results are encouraging. Transparency and competition have served to keep prices below forecasted levels. California’s prices, which were released Friday, beat the 2009 Congressional Budget Office’s projection by a fairly comfortable margin, according to the Washington Post. CBO pegged the monthly premiums for a silver plan (70 percent coverage) at $520. A more recent estimate from the consulting firm Milliman put the price at $450. But the actual cost for a Los Angeles County resident ranges from $225 to $325, depending on which of the 13 insurance company plans are selected/Spokesman-Review Editorial Board. More here.
Question: Do you still oppose Obamacare?