If the example one Georgia insurance company offered is true of the others, the average middle-age family of five will pay about 45 percent more for medical coverage in October under federal health reform.
“I am very concerned that the full implementation of ObamaCare will drastically increase the price Georgians pay for health insurance,” Insurance Commissioner Ralph Hudgens said.
One company, Blue Cross Blue Shield Healthcare Plan of Georgia, included an example of the cheapest option under the federally prescribed plans. For the middle-aged couple living in Albany and their three children – including one who smokes – the monthly premium is $1,605. The company now offers the same plan for $1,100, according to Georgia Health Coverage Inc., an independent insurance agency in Newnan.
Prices for Obamacare plans will be significantly above current premiums. Shop and compare now.