|By Audrey Dutton, The Idaho Statesman|
|McClatchy-Tribune Information Services|
A 29-year-old mother spends about
And a 26-year-old
These Idahoans could pay much more for health insurance next year, in part because of new federal rules that affect how much insurers can charge people based on age for coverage they buy on their own for themselves and their families. Known as "age band compression," this shift will transfer some of the costs of health insurance from older Americans to people in their 20s and 30s.
YOUR AGE AFFECTS HOW MUCH YOU PAY
Older adults tend to be sicker and have costlier claims than younger adults. Insurers in
The limit doesn't apply to premiums that workers pay through large employers but does apply to small employers' plans. People who already have individual plans and don't change them might not be affected, either.
The idea is to spread the costs among everyone in the health insurance pool more evenly. But in states like
That, in turn, would make the insurance pool on the whole sicker and older -- meaning higher premiums for everyone.
"Frankly, if everybody was in the plan, you wouldn't need the (age-related) difference," because the pool would be more homogenous, said
Regence BlueShield of
BY THE NUMBERS
People 21 to 29 who buy their own insurance and earn too much for low-income premium subsidies will pay about 40 percent more for health insurance, according to Giesa and Carlson. Those in their 30s will average a 31 percent increase.
"You know, that's an