The Baffling Math That Determines What People Actually Pay for Obamacare

November 17, 2014 5:32 PM

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The Baffling Math That Determines What People Actually Pay for Obamacare

The Obamacare marketplaces opened for business over the weekend, and so far the website is working better than last year. That doesn’t mean picking a plan is easy. One of the difficulties shoppers face: How much they’ll pay for health insurance is determined by lots of factors that individuals can’t control—and those factors can change in unexpected ways.

Officials and experts are urging people to look at different plans, even if they’re fine with the coverage they bought last year, because premiums are going up. But most people in the Affordable Care Act marketplaces don’t pay the full premium price: Last year, 87 percent of those shopping on the fe...

Also read: China to boost non-fossil fuel use to 20 percent by 2030: state planner

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