Exchange Enrollees Qualify for Nearly $10B in Subsidies
U.S. residents who have signed up for coverage through the Affordable Care Act's insurance exchanges as of March 1 have qualified for nearly $10 billion in federal subsidies designed to help offset premiums, according to a new study from the Kaiser Family Foundation. The report found that about 3.5 million people who qualified for subsidies -- or roughly 83% of those enrolled in an exchange plan -- each received an average of $2,890.
- "Consumers Get $10B in Subsidies for Health Coverage, Study Finds" (Gold, "Capsules," Kaiser Health News, 3/27).