Found this note on Affordable Care Act at Work by Henry A. Waxman interesting.
Earlier this month, the U.S. Department of Health and Human Services (HHS) released a report showing that among those signing up through the federal marketplace, nearly 90% received tax credits to help them afford coverage. These tax credits cut premiums by more than 75%. As a result, nearly 7 in 10 enrollees are paying $100 or less per month and nearly half are paying $50 or less per month. The average premium after tax credits is $82 per month and the average for those selecting Silver plans – the most popular plan type – is $69 per month.
Soon after the release of the HHS report, the Robert Wood Johnson Foundation and Urban Institute released a study showing us that in many major U.S. cities, the uninsured population is expected to decline drastically over the next two years. In Los Angeles alone, plans offered through Covered California will help lead to a 56% reduction in our uninsured population by 2016.
This is great news for all Americans.