SMOKERS FACE HEFTY PREMIUM SURCHARGE UNDER HEALTH REFORM

2

Add another exclamation point to the hazards of smoking: smokers will pay a lot more for Health insurance as provisions of the Patient Protection and Affordable Care Act (ACA) kick in.

Tobacco use kills more than 440,000 Americans a year and costs about $96 billion in health care, according to the Centers for Disease Control and Prevention.

The ACA allows insurers to charge smokers a premium surcharge of up to 50% when they buy through health insurance exchanges - online marketplaces where individuals and businesses employing up to 50 people can shop for coverage.

The surcharge could end up erasing subsidies for low-income smokers who can't afford to buy coverage on their own, For example, someone who can pay only $3,000 a year for a health plan that costs $6,000 would qualify under the ACA for a $3,000 subsidy to cover the difference - but the tobacco surcharge would kick the cost back up to $6,000.

Congress added the surcharge to discourage unhealthy behavior and give insurers a way to help control costs associated with this risky (but voluntary) habit. However, there might be better ways to discourage smoking, such as higher taxes on cigarettes or expanded public awareness campaigns.

Rick Curtis, president of the Institute for Health Policy Solutions, believes the surcharge would do most harm to those the ACA was designed to help - people with modest means in need of medical care. As he sees it, "Those who are totally hooked after many years and are older (and those kinds of people are more expensive to cover and often need more medical care) have two bad choices - go without Health insurance or get coverage and be impoverished." 

Need insurance for You, Your Family or Your Business?
We can match you to a qualified, local insurance expert!
Further Reading
Tobacco users could face sticker shock when buying coverage in the state-wide health insurance marketplaces that opened for enrollment on October 1, thanks to a controversial clause in the Affordable Care Act (ACA). The law seeks to discourage smoki...
This year's open enrollment season for selecting workplace benefits comes just before major health care reforms under the Affordable Care Act (ACA) take effect. Because it’s never been more important to choose a health plan for you and your family, w...
Whether you have Health insurance through your employer or you're self-employed and buy it on your own, the Affordable Health Care Act (ACA) will impact you starting next year - when almost everyone will have to have some form of coverage. As of Oc...
Opioid addiction is a national crisis that affects people in every state. In fact, 100 people across the United States suffer from drug overdoses every day. The health care reform bill addresses the opioid crisis in several ways.   The O...
With annual benefit enrollments on the horizon, you need to prepare now for the changes the Affordable Care Act (ACA) will be bringing as of January 1 – such as mandatory health insurance for every American.   If the company’s health plan do...