Gov't paid 90% of Fla. premiums in health law
Updated On: Jun 18 2014 10:49:45 AM EDT
The vast majority of Floridians who signed up for coverage under President Barack Obama's health care law are paying $100 or less a month in premiums on average.
A report released Wednesday by the Health and Human Services Department found the average monthly premium is $347 a month, but 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.
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