Insuring people through Obamacare — which was crafted in part to cover people who can't get health insurance through their jobs — may be costing less money than if they had employer-based coverage, a new study suggests.
The study, by the Urban Institute, comes as premium rates for 2017 Obamacare plans are being finalized. Those premiums are expected to rise more sharply, on average, than in recent years.
But the report found that certain key Obamacare plans, on average, cost 10 percent less in premiums than average employer-based coverage, when adjusting for how much the plans cover for medical services, as well as for adjustments for health-care usage and age distribution.
The average monthly Obamacare premium for the types of plans examined was $464 per month for an individual, nationally. That compared to $515 per month for an average job-based premium for an individual, according to the report, entitled "Are Nongroup Marketplace Premiums Really High? Not in Comparison with Employer Insurance."
"We find that in most states and in most metropolitan areas, [Obamacare] premiums are lower than for those for employer-sponsored plans," the report's authors wrote.