So I see this article at Vox.com:
Subsidized shoppers on HealthCare.gov are paying, on average, $82 monthly premiums for health plans, new data from the US Department of Health and Human Services shows.
THE VAST MAJORITY OF SHOPPERS WILL USE FEDERAL SUBSIDIES TO PAY FOR INSURANCE
The report, published Wednesday, is the most in-depth look available so far at the prices that federal marketplace shoppers will pay for private health coverage. It shows the vast majority of shoppers will use federal subsidies to pay for insurance, significantly reducing their monthly price tag.
Senior HHS officials, in a conference call with reporters Tuesday, emphasized the report’s findings to show that Obamacare is keeping prices low for shoppers and bringing new competition to the insurance markets. To the Obama administration, the report is more evidence the health-care law is working as intended.
Most subsidized shoppers will receive hundreds in tax credits each month
About 87 percent of subsidized HealthCare.gov shoppers had at least part of their premium covered with tax credits, which are available to low and middle-income Americans. How much shoppers paid depended largely on how generous of an insurance plan they selected.
After accounting for subsidies, enrollees paid an average of $69 per month for the least-generous bronze plan to an average of $220 per month for the most-generous platinum plan.
Wow! That Obamacare sounds like a really good deal!
“My country ’tis of thee, sweet land of subsidy!”
So if the government is subsidizing healthcare that makes it free, right?
Uncle Sam doesn’t subsidize my cable. If he did I probably would have chosen the most-generous platinum plan, which also happens to be the “most-expensive” plan. But who cares, it’s FREE!
Millions of people getting hundreds of dollars in tax credits each month! I remember from my tax law class that credits are waaaaaayyyyyyy better than deductions. A deduction only reduces the amount of income you pay taxes on while a credit is FREE MONEY!!! If your credits exceed your tax liability you get a refund, possibly even bigger than the amount that was withheld from your pay!
Isn’t it awesome to live in a country that gives away money???
That’s why we call him Uncle Sugar!