Gov’t Paid 90-Percent Of Florida Premiums In Health Law
CBS Miami (con't)
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MIAMI (CBSMiami/AP) – The majority of Florida residents who signed up for coverage on Healthcare.gov are paying $100 or less a month in premiums on average.
The average monthly premium under President Barack Obama’s health care law is $347 a month but, according to a report released Wednesday by the Health and Human Services Department, a typical Florida enrollee pays just $68 after tax credits across all plan types. The government pays the subsidy directly to insurers.
Nearly 1 million Floridians signed up for coverage under the Affordable Care Act — the highest enrollment among the 36 states using the federally administered marketplace. Taxpayers are subsidizing more than 90 percent of their monthly premiums.
Fifty-six percent of Floridians paid an average premium of $50 a month or less after tax credits.
(©2014 CBS Local Media, a division of CBS Radio Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. CBS4 news partner The Miami Herald contributed material for this report.)
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