Ohio State University’s newest president says the institution is committing $400 million over five years to lower students’ costs and improve the value of their education.
Health Care Estimate Released In 36 States, Including Ohio
The Obama administration is shifting into high gear to promote the newÂ healthÂ care law ahead of an Oct. 1 start date for uninsured people to begin signing up.
HealthÂ and Human Services Secretary Kathleen Sebelius revelaed premiums and plan choices for 36 states where the federal government is taking the lead, including Ohio. The average sticker price will be $328 a month nationally for an individual plan. Results may vary considerably by state and particular circumstances. A tax credit will work like an upfront discount for most consumers.
In Ohio, the Mid-range plan premiums for a family of 4 will be $768 a month. For an individual, the lowest cost plan for a 27-year-old will be $177 a month in premiums.
Sebelius says about 95 percent of consumers will have two or more insurers to choose from.
The big difference among coverage levels is cost sharing through annual deductibles and copayments. Bronze covers 60 percent of expected costs; silver, 70 percent, on up to platinum at 90 percent. Bronze plans have the lowest premiums and the highest cost sharing.