Tag Archives: Obama Care Price Factors

What factors affect Affordable Care Act Prices

The Affordable Care Act law curbs factors that insurance companies can consider in setting premiums. Most importantly, most insurance companies are barred from using your health history to set rates.

Instead, the rates will be determined by three factors:

  • age
  • place of residence
  • number of people in your family

Your plan will not feature higher premiums because you are sick or your medical history.