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Ohioans Signing Up For Federal Health Insurance For 2016 Could See Lower Costs

Nov 3, 2015

The U.S. Department of Health and Human Services says Ohioans seeking health insurance coverage for next year will see a slight drop in the cost of a benchmark plan on HealthCare.gov.

The department recently released a snapshot of health insurance marketplace rates for plans offered in Ohio. It shows a nearly 1 percent decrease for the second lowest-cost silver plans offered in 2016. A new sign-up season is underway. Consumers may browse on the HealthCare.gov website established under the Affordable Care Act. The department says most people will be able to buy a plan for less than 100 dollars a month, after tax credits. Rates increased by double digits in some states using the federal marketplace, but other states are seeing lower prices.