Keeping Existing Health Plan Can Be Expensive
Majority of the 7 million consumers who got insurance under the president's health care law may see premiums go up next year, if they don't switch to another plan, said a press release.
According to the release, that was the assessment of independent analysts as the Health and Human Services department released a massive computer file of premium details.
The numbers are going to take some time to crunch, however, it is expected that certain low-cost plans used by the government to set subsidies for consumers will cost about the same as this year - $330 a month.
The catch, according to the press release, is that your current plan may no longer be the low-cost benchmark, and you'll pay the higher premium unless you switch.
Sign-up for 2015 starts on Nov. 15 and runs through Feb. 15.