Tax Credits: How Much Should Health Exchange Shoppers Expect?
A new report from the Kaiser Family Foundation concludes that about half of the consumers who currently buy their own health insurance would qualify for federal subsidies to purchase coverage on the new online marketplaces.
The Associated Press: Study: Half Who Now Buy Own Health Plan To Get Aid
About half the people who now buy their own health insurance—and potentially would face higher premiums next year under President Barack Obama's health care law—would qualify for federal tax credits to offset rate shock, according to a new private study. Many other people, however, earn too much money to be eligible for help, and could end up paying more (Alonso-Zaldivar, 8/13).
Kaiser Health News: Capsules: How Much Of A Subsidy Will You Get In Obamacare? Here's An Estimate
If you buy your own health insurance, you've no doubt heard that subsidies will be available next year to help pay the premiums. But will you get a subsidy and how much? Researchers at the Kaiser Family Foundation have a report out Wednesday that provides some insight (Appleby, 8/14).
Bloomberg: Health Exchange Shoppers Can Expect $2,700 In Tax Credits
Tax credits to buy medical coverage next year will average $2,672 per family under President Barack Obama's health-care system overhaul, a benefit that will make the plans more affordable than some critics have predicted. The subsidy should reduce the cost of the premiums by about 32 percent on average for people buying the second-lowest priced plans through state-by-state insurance exchanges set to open Oct. 1, the Kaiser Family Foundation said in a report today (Wayne, 8/14).