Tuesday, February 24, 2015

HHS Brief: 87% of Healthcare.gov Enrollees Qualify For Premium Tax Credit


HHS recently released an ASPE Policy Brief regarding FFE Average Premiums After Advance Premium Tax Credits during this open enrollment season to date. Here's what they found:

  • 87% of individuals enrolling qualify for an advance premium tax credit.
  • Almost 6.5 million individuals qualify for an average advance premium tax credit of $268 per month
  • The average advance premium tax credit covers about 72 percent of the gross premium
  • The average net premium is $105 per month for individuals qualifying for an advance premium tax credit
  • 79% of individuals had a plan available for
  • 53% of individuals enrolled in such plans
Source: HHS, February 9, 2015

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