HHS: PPACA Would Give Most Uninsured Coverage For Less Than $100

Of the 41.3 million uninsured people eligible for coverage under the Patient Protection and Affordable Care Act, 56 percent could qualify for the Children’s Health Insurance Plan, Medicaid or tax credits to purchase coverage for $100 or less per person each month through the new exchanges in 2014, according to an HHS report.

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That includes 49 percent of the uninsured eligible for the health insurance exchanges. Of those 10.8 million Americans, 6.4 million could pay $100 or less per person per month for the second-lowest-cost silver plan in their state’s marketplace in 2014, taking into account available premium tax credits. Another 4.3 million could pay $100 or less by using their tax credits to purchase the lowest-cost bronze plan available, according to the report.

To read the rest of this article, visit Becker’s Hospital Review.

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