States to Determine Healthcare Costs in Insurance Exchanges

Healthcare insurance costs in the new state exchanges will be determined by location for the many individuals and small employers who will be participating.

Healthcare insurance costs in the new state exchanges will be determined by location for the many individuals and small employers who will be participating. There may even be variation by state. CNBC reports:

The three most important things in real estate—"location, location, location"—are about to become just as important, if not more so, to tens of millions of individuals and small businesses buying health insurance under the new health care marketplaces scheduled to begin enrollments this fall across the United States.

The Affordable Care Act mandating those marketplaces, also called exchanges, is a national law requiring the uninsured to purchase health insurance that will take effect Jan. 1.

But the cost of that insurance, how extensive the benefits are, and the number of insurance companies that will opt or be chosen to sell on those those marketplaces are all going to depend on the state a person happens to live in.

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