Most Americans Say They Can’t Afford Monthly Premiums Above $100

CNBC (10/22) reports that a “large majority of adults say ‘$100 a month or less’ is the highest monthly premium they can afford to pay for health insurance in 2016, according to a survey released Wednesday” by HealthPocket.com. Fifty-seven percent of respondents gave that price range when asked about coverage affordability. The second-most common answer “was $200 per month, which was the response of just 17 percent of respondents.” CNBC adds that cost “or perceived cost” is the main reason that the remaining uninsured give when asked why they haven’t purchased health insurance. According to the article, ACA plans “routinely cost more than $100 per month before the federal subsidies available to many enrollees are factored into the price.”