As we await the outcome of the Michigan “Exchange” (Marketplace) to be launched October 1, some other states are getting out front, showing the significant cost impact of health reform. We believe Ohio, while lower priced than Michigan, is a good indicator of what we might expect here in Michigan:
Ohio officials said late Thursday that health insurance costs will increase “significantly” under the Patient Protection and Affordable Care Act.
The state’s department of insurance estimated the average individual premium will increase from $223 per month to $420 — an average of 88 percent — for policies under President Obama’s health care law
The full story is below:
Ohio sees increase
Doug Roehm
Strategic Services Group
Rochester Hills, MI
248-601-3600