Contact Us

New Study Looks at Affordable Care Act Insurance Costs, Before and After in Montana

Montana Insurance
Photo courtesy of the Manhattan Institute

A new study by the Manhattan Institute compares the price of the lowest cost Health Insurance options for those that don’t have Medicare, Medicaid or insurance through their workplace. Researcher and institute fellow Yevgeniy Feyman explained how costs have changed since the institution of the Affordable Care Act.

“In Montana there’s roughly a 19 percent increase for young people around 27, the increase is fairly low for forty-year-olds, for middle age people its about 6 percent, but then, a little bit surprisingly, there’s a larger increase for older folks,” Feyman said. “For those age 64, those close to retirement, there seeing an increase of about 35 percent on average.”

The average cost for 64-year-olds in Montana went up from about $370 dollars a month to about $500. Still, Montana is much better off than the national average.

“Montana is certainly doing better than average, so, on average the increase around the country is around 49 – 50%, so Montana escapes much more unscathed than other states,” Yevgeny said.

A Department of Health and Human Services report released today, June 18, shows that the average amount paid by Montanans on the most popular ACA exchange plan (silver) is 78 dollars, which is ten dollars less than the national average. That means that a huge majority of Montanans received federal subsidies to cover the bill.

When asked if the large amount of subsidies would impact the fiscal sustainability of the Affordable Care Act plan, a senior DPHHS official said they didn’t know and differed to Congressional Budget Office projections.

Yevgeniy Feyman :

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.


Best of News Talk KGVO

Recommended for You

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for KGVO Club VIP quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive KGVO Club VIP contests, events, coupons, presales, and much more delivered to you for FREE.