More details are emerging about the health insurance marketplace that will become active next week as part of the federal health care reform law.
Illinois’s marketplace will be called “Get Covered Illinois.”
An official website and social media page will go live next Tuesday, the first day that uninsured Illinoisans can buy policies under the new initiative.
While the full list of pricing and options hasn’t been released yet, state officials say the cheapest plan will be $120 a month for a 25-year-old nonsmoker in Chicago.
Prices go up from there based on age, geography, and the type of plan purchased.
But subsidies will drop many of those prices for low-income residents.