Health insurance premiums for low-cost Obamacare plans in 16 U.S. cities will fall slightly in 2015 as competition helps drives down price for the new subsidized individual health plans, according to a study Friday from the Kaiser Family Foundation.
The Kaiser analysis found that the premiums for the second lowest cost “silver” tier plan, upon which government tax credit subsidies are based, will fall compared with 2014 prices by an average of 0.8 percent in 7 of 16 major cities.
If the trend holds across the country, the study said, the lower benchmark premium could mean that the government subsidies are less overall and there are more tax savings.
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