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Michigan in the middle of health premium rankings
(NEWSCHANNEL 3) - Michigan ranks in the middle of the pack when it comes to new health premiums.
According to the White House, Michigan residents who buy health insurance on the state's new online exchange, which opens next week, will pay on average $306 a month before tax credits.
That's for a mid-range plan not including out-of-pocket costs.
According to feds, that is below the national average of $328, ranking Michigan as the 29th-lowest out of 47 states for which data was available.
According to the U.S. Health and Human Services Department, Michigan has 13 insurers offering coverage. The average in other states is eight.
Still, Michigan plans to make public specific rates for more than 100 plans.
Many lower to middle class income workers will qualify for tax credits, while those below the poverty line will most likely be steered to Medicaid since the state recently agreed to expand the program.
The figures are only averages at this time.
The state plans to release specific rates for plans offered next week on October 1st during the open enrollment.