3.5 Million People Benefit From Obamacare Subsidies
Posted at 9:15 a.m. on March 28, 2014
A new study finds that about 3.5 million people have qualified for $10 billion in premium tax credits under ObamaCare so far, The Hill reports.
“A report released Thursday by the Kaiser Family Foundation said that 83 percent of the 4.2 million people who had selected a plan as of March 1 had qualified for subsidies, which average nearly $3,000 per person…. The report found that only 21 percent of Americans who meet income eligibility requirements have claimed the subsidies.”
“If states lagging in enrollment had achieved similar enrollment successes, an additional 3.1 million people might have qualified for an additional $8.6 billion in subsidies, the report found.”