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Most Floridians Paying Less On Premiums Under Obamacare

 
Most Floridians Paying Less On Premiums Under Obamacare
Posted June 18th, 2014 @ 4:01pm

MIAMI (AP) _ 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.

(Photo: Joe Raedle / 2014 Getty Images)

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