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Keeping your health law plan may mean premium hike

2 years 3 weeks 4 days ago November 14, 2014 Nov 14, 2014 Friday, November 14 2014 November 14, 2014 12:15 PM in Health
Source: Associated Press

WASHINGTON - Many of the 7 million consumers who got insurance under the president's health care law will see premiums go up next year, unless they're willing to switch to another plan.

That was the assessment of independent analysts as the Health and Human Services department released a massive computer file of premium details on Friday.

The numbers will take time to crunch. But they're expected to show that certain low-cost plans used by the government to set subsidies for consumers will cost about the same as this year. That's about $330 a month.

The catch is that your current plan may no longer be the low-cost benchmark, and you'll pay the higher premium unless you switch.

Sign-up for 2015 starts Saturday and runs through Feb. 15.

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