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Wednesday, December 31, 2014

Tax dollars at work: 87% of new Obamacare users given federal aid

Some 87 percent of people who just signed up for Obamacare are getting financial assistance to lower their premiums, according to the Department of Health and Human Services.

That is a jump from 80 percent during the last open enrollment period.

The department did not say how much it was offering to new Obamcare enrollees or what the total bill to taxpayers would be.

From HHS:

A report released by the Department of Health and Human Services today provides the first detailed analysis of enrollment in the Marketplaces for the first month of the 2015 open enrollment period. About 87 percent of people who selected health insurance plans through for coverage beginning Jan. 1, 2015 were determined eligible for financial assistance to lower their monthly premiums, compared to 80 percent of enrollees who selected plans over a similar period last year. In addition, more than 4 million people in both the state and federal Marketplaces signed up for the first time or reenrolled in coverage for 2015 during the first month of open enrollment. That includes more than 3.4 million people who selected a plan in the 37 states that are using the platform for 2015, and more than 600,000 consumers who selected plans in the 14 states that are operating their own Marketplace platform for 2015.

1 comment:

Anonymous said...

So the public is on the hook to support a part of the premiums for 87% of the insurees - pretty close to single payer for these folks.

Can't wait till we get to start taking this thing apart one piece at a time!