Health Plan Choice and Premiums in the 2016 Health Insurance Marketplace

10/30/2015

The Affordable Care Act continues to promote access to affordable Marketplace health insurance plans in 2016 by creating a transparent Marketplace where consumers can chose among the health insurance products to find one that best meet their needs and budget.  More than 8 in 10 returning Marketplace consumers could save an average of $610 annually in premiums for a plan in the same level of coverage by returning to shop.  More than 7 in 10 (72 percent) current Marketplace enrollees can get coverage for $75 in premiums or less, after any applicable tax credits in 2016.  Nearly 6 in 10 (57 percent) can get coverage for $75 in premiums or less within their metal level.  Like in 2015, 9 out of 10 consumers returning to the Marketplace will be able to choose from 3 or more issuers for 2016 coverage.

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"2016 Marketplace Premium Landscape Issue Brief 10-30-15 FINAL.pdf" (pdf, 763.55Kb)

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