How much does ObamaCare cost for 2020?


Answer

The national average of the lowest cost plan under ObamaCare before cost assistance in 2020 is $331 for Bronze, $442 for Silver, and $501 for Gold.[cite]Average Marketplace Premiums By Metal Tier 2018 - 2020. kff.org.[/cite]

With that noted, the costs of plans differs by specific plan, region, what type of assistance you qualify for based on income.

Also, when accounting for plan cost you should think about out-of-pocket spending and related limits like deductibles and what out-of-pocket assistance you qualify for.

In practice the cost of plans under ObamaCare range from free (for Medicaid) to full cost (for those with out assistance options) depending on what type of assistance you qualify for.

With all of that in mind, in simple terms, many will pay less than $100 a month after assistance for an ObamaCare plan.

Learn more about cost assistance on 2020 plans.

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