Tuesday, September 17, 2013

Touting Obamacare, US says millions could pay less than $100 a month - CSMonitor.com

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By Linda Feldmann, Staff writer / September 17, 2013

Under Obamacare, an estimated 21.9 million uninsured Americans will be eligible to purchase subsidized health insurance via online marketplaces, which begin enrollment Oct. 1. Of those, nearly half – 10.8 million – may be able to buy insurance for $100 or less per month, after factoring in tax credits, according to a report issued Tuesday by the Department of Health and Human Services (HHS).

An additional 12.4 million uninsured Americans will be newly eligible for either Medicaid or the Children’s Health Insurance Program, federal-state health-insurance programs for low-income people, the report says. This group will pay either a small premium or nothing.

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