Quinn Releases Some Insurance Rates for IllinoisCHICAGO (AP) - Gov. Pat Quinn's administration is trickling out information about what Illinois health insurance prices will be on the new marketplace that's a backbone of President Barack Obama's health care law.
Quinn's office announced Tuesday the monthly rates for the lowest-cost plan for a 25-year-old nonsmoker will be $120 in Chicago or $128 in Peoria. For a 40-year-old nonsmoker, the monthly cost of the cheapest plan would be $152 in Chicago or $163 in Peoria. WJBD has requested similar prices for the South Central Illinois region, but so far has not received a response from the Governor's office.
Most Illinois residents will be able to choose from at least 34 plans when the marketplace goes live Oct. 1.
Consumers will have to wait until then to learn exactly what choices will be available in their region and how much they'll pay. New tax credits will lower costs for some, depending on household income.
See other LocalNews news:Ekey's 3 Lifts Illinois Over No. 24 Iowa 66-63
Illinois Halts Plan to Require ATV Permits
Walkaway From Twin Willows Found 4 Miles Away Unhurt
Police Beat for Sunday, March 9th, 2014
Welcome to Daylight Savings Time