Obamacare Insurance Prices Could Be Half What Some Residents Now Pay

screenshotby Andrew Kitchenman / NJ Spotlight

The news is better than good — and better than expected. The price of insurance sold on the ACA/Obamacare marketplace could be half as much as New Jersey residents pay now for similar coverage.

It’s still to early to make precise cost comparisons. While information about prices was released yesterday, details about the plans were not. And plans are bound to vary widely, so making one-to-one comparisons is exceedingly tough. Still, at first blush, it appears as if some policies will cost about what they do now while others could be at least 50 percent cheaper.

Read the full story at NJ Spotlight

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