Sunday, September 22, 2013

Six million Americans will pay less than $100/month for health insurance

More bad news for House Speaker John Boehner, who thinks that the premium rate shock people are going to experience in the first few weeks of Obamacare enrollment will strengthen his hand in holding the debt ceiling hike hostage for a delay in Obamcare. Here's his problem: For more than six million people there won't be any rate shock, according to a new report that the Department of Health and Human Services Tuesday, obtained by USA Today.

WASHINGTON — About 6.4 million Americans eligible to buy insurance through the new health exchanges will pay $100 or less a month in premiums because of tax subsidies, according to a Department of Health and Human Services report to be released Tuesday and obtained by USA TODAY.

The report by the HHS office for planning and evaluation said the lower premiums would primarily apply to insurance customers who buy what are called "silver" plans on the exchanges that open Oct. 1. [...]

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