The average price for basic health coverage purchased on health insurance exchanges created by President Barack Obama‘s health care reform law will be $249 a month, not counting subsidies, in 48 states reviewed by the Department of Health and Human Services, according to a government report published Wednesday.
The health insurance exchanges, marketplaces for uninsured scheduled to launch on Oct. 1for an enrollment period that runs through the end of March for 2014 coverage. This latest analysis of what the health insurance plans will cost comes just six days before people will be able to find out what they’ll actually pay.
“For millions of Americans, these new options will finally make health insurance work within their budget,” Health and Human Services Secretary Kathleen Sebelius said during a conference call with reporters Tuesday. Reporters were provided access to the report prior to its publication.