This video clarifies misconceptions about health insurance pricing under the Affordable Care Act (ACA).

• The ACA prevents health insurance rates from being based on personal health or healthcare usage.

• While your personal health doesn’t directly determine your own personal healthcare costs, insurance costs can vary by:

  1. Your Coverage Tier: Rates differ based on the level of coverage and the number of dependents included.

  2. Age: Some companies use "age-banded" pricing, leading to different rates for individuals of different ages.

  3. Plan Design: Choosing between plans with varying degrees of risk and coverage can affect the cost.