HHS Report Says Obamacare Plans Are Cheaper Than They Look

Obamacare health plans have been getting a bad rap this year. Critics say the premiums are too high, the out-of-pocket costs are out of control, and the requirements and red tape are too thick.

But now the Obama administration is pushing back. A study released Tuesday by the Centers for Medicare and Medicaid Services argues that the cost-sharing isn't nearly as heavy as previous analyses have shown, because most consumers get subsidies that limit their deductibles and copayments.

"This comprehensive analysis makes clear that two key misconceptions about the market are incorrect," said Christen Linke Young, principal deputy director of the Center for Consumer Information and Insurance Oversight at CMS.

She said those misconceptions are that deductibles are very high and that out-of-pocket costs for consumers are out of control....
http://www.npr.org/sections/health-shots/2016/07/12/485695941/hhs-report-says-obamacare-plans-are-cheaper-than-they-look?ft=nprml&f=1001