Study: Half who now buy own health plan to get aid
WASHINGTON — About half the people who now buy their own health insurance — and potentially would face higher premiums next year under President Barack Obama’s health care law — would qualify for federal tax credits to offset rate shock, according to a new private study.
Many other people, however, earn too much money to be eligible for help, and could end up paying more.
The nonpartisan Kaiser Family Foundation study found that 48 percent of families currently buying their own coverage would be eligible for tax credits next year, averaging $5,548 per family, or 66 percent of the average cost of a benchmark “silver” policy offered through new state insurance markets.
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