Obamacare Costs: How The Mid-South Stacks Up

Obamacare Costs: How The Mid-South Stacks Up

Obamacare costs were released Thursday and how much you pay will depend on where you live. Tennesseans will pay some of the lowest rates, while folks in Mississippi will pay some of the highest rates.

MEMPHIS, TN (localmemphis.com)--Obamacare costs were released Thursday and how much you pay will depend on where you live. Tennesseans will pay some of the lowest rates, while folks in Mississippi will pay some of the highest rates.

The situation for those without health insurance in Tennessee? Premiums are now some of the cheapest in the nation averaging $181 per month compared to $245 for most of the U.S. Under the affordable care act also known as Obamacare, uninsured people will now be required to get health insurance. People who don't sign up will be fined by the IRS.

"It's actually kind of scary because it's like you're forcing me to do something that maybe I wouldn't want to do, and it's like a win lose situation," said a Memphis resident.

"The market place opens October 1st and ends March 31st, so it's a six month window for individuals to go and look at price options," said Tavarski Hughes with Blue Cross Blue Shield of Tennessee. 

Over in Arkansas, premiums are higher ranging over $300 per month. Mississippi is one of the poorest states in the nation and residents will pay high premiums as well, averaging up to $448 a month.

"I don't even have insurance for my little baby, so that's frustrating because it's kind of like if he's sick, you know, last time we went to the doctor, it was $300 dollars and so his dad paid for it, but it's extremely hard. I worry about him all the time," said Nia Warren.

Overall, in each state after tax credits are applied, healthcare costs will become cheaper depending on income, family size, and tobacco use.


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