We're getting our first look at what you can expect to pay for coverage under the new Affordable Care Act.
In one week, anyone who is uninsured will be able to purchase now-mandatory health insurance.
The new report from the Kaiser Foundation compared exchange plans from numerous cities - including Richmond and D.C. It then calculated the premiums for enrollees, of different plans at various ages. It even shows you how much you can realistically expect to pay and whether you will qualify for a subsidy.
Seven different insurance companies are offering dozens of plans for Richmond-area residents.
The Kaiser Foundation study breaks down the numbers by age and subsidies, and it shows you which are the least expensive plans.
The lowest cost Bronze Plan is offered by Coventry Health Care. A 25-year-old would be covered for $134 dollars a month. A 40-year-old will pay $170. Add 20 years, and the rate more than doubles. Insurance for a 60-year-old is $361 a month.
Compared to 18 different localities, Richmond is the seventh cheapest on the list.
A silver plan for a 25-year-old would cost you $199 a month. If you qualify for a subsidy, you don't get much of a break - you will pay $6 less, or $193 a month.
14 out of 18 cities had the same price. Only four cities out of 18 had a cheaper rate than this. This same coverage would cost a 60-year-old $537. The price, with tax credits, drops to $193.
The Bronze plans are less expensive but offer less coverage and much higher deductibles.
The Kaiser study includes a subsidy calculator that will tell you how much of a discount you can expect.
Tuesday, December 10 2013 11:36 PM EST2013-12-11 04:36:40 GMT
A Midlothian man is behind bars after Chesterfield police say, he raped a woman he met on Craigslist. 53-year-old Russell Grabinski is charged with object sexual penetration. Grabinski and his victimMore >>
A Midlothian man is behind bars after Chesterfield police say, he raped a woman he met on Craigslist.More >>
The national director of the Deaf Federation of South Africa says a man who provided sign language interpretation on stage for Nelson Mandela's memorial service, attended by scores of heads of state, was a...More >>
The sign-language interpreter on stage at Nelson Mandela's globally broadcast memorial service was a faker who was waving his arms around meaninglessly, advocates for the deaf said Wednesday.More >>
Wednesday, December 11 2013 10:47 AM EST2013-12-11 15:47:16 GMT
Richmond Times Dispatch
A jury found a Richmond man guilty Tuesday of shooting a person seven times, and then leaving him to die. Jacquorn Wilson, 23, was convicted of several charges, including first-degree murder, accordingMore >>
A jury found a Richmond man guilty Tuesday of shooting a person seven times, and then leaving him to die.More >>
Wednesday, December 11 2013 1:24 AM EST2013-12-11 06:24:52 GMT
An outraged Richmond mother called 12 On Your Side after a string of burglaries. She says crooks broke into her home and attacked the family pet, before making off with several items. She feels this isMore >>
An outraged Richmond mother called 12 On Your Side after a string of burglaries. She says crooks broke into her home and attacked the family pet, before making off with several items.
A Goochland father of three is dead after shooting himself during a standoff with police. 42-year-old Michael Fuller died Tuesday morning hours after Goochland deputies say he barricaded himself inside his home after threatening his wife and children with a gun.More >>
A young mother calls "12" --- outraged after crooks break into her home, and attacked the family pet, before making off with several items. She says this is part of a growing trend. The burglaries all happening on the city's Northside, around the 100 block of West Norwood Avenue.More >>
A single mom and her three children are suffering after a traumatic, Chesterfield attack, that cost them almost everything. The woman's ex-boyfriend is in custody, accused of throwing a fire bomb into her home, setting fire while the kids were still inside. The children escaped -- but, this is the aftermath of that thanksgiving holiday strike.More >>