LOS ANGELES (MarketWatch) — Roughly 6.3 million people just above the poverty line will drop their Obamacare coverage or face using as much as half of their income for health insurance if a Supreme Court ruling dismantles subsidies in states that haven’t established their own exchanges, a study released Thursday shows.
The findings from the Robert Wood Johnson Foundation and Urban Institute also report nearly two-thirds of those who lose subsidies are white Southerners, and nearly half have full-time jobs.
“It quantifies what you may suspect,” said John Holohan, fellow at the Urban Institute and one of the authors of the study, pointing out the numbers reflect the nation’s mostly white majority.
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