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Gov’t Paid 90-Percent Of Florida Premiums In Health Law

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(Source:www.healthcare.gov)

(Source:www.healthcare.gov)

CBS Miami (con't)

Affordable Care Act Updates: CBSMiami.com/ACA

Health News & Information: CBSMiami.com/Health

Politics

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 This material may not be published, broadcast, rewritten, or redistributed.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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