Federal subsidies to isles estimated at $6M
|By Kristen Consillio, The Honolulu Star-Advertiser|
|McClatchy-Tribune Information Services|
That equates to an average tax credit of
The federal government is on track to spend at least
"The Connector is glad to see that individuals and families nationwide are realizing the benefits of the Affordable Care Act,"
"This new study reminds us that the Affordable Care Act provides opportunities for many
Nearly 9 in 10 Americans who bought health coverage on the federal government's health care marketplaces received government assistance to offset their premiums. That assistance helped lower their premiums by 76 percent on average, the report said.
In the 36 states that use federal exchanges, premiums that normally would have cost
The Hawaii Health Connector wouldn't say yesterday how many people actually received tax credits locally or what the average premium was.
While the generous subsidies helped consumers, they also risk inflating the new health law's price tag in its first year.
That total does not count the additional cost of providing coverage to millions of additional consumers who bought coverage in states that ran their own marketplaces, including
If these state consumers received roughly comparable government assistance for their insurance premiums, the total cost of subsidies could top
"Consumers have more choices, and they're paying less for their premiums," Health and Human Services Secretary
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