Health Exchange Shoppers Can Expect $2,700 in Tax Credits
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Tax credits to buy medical coverage next year will average $2,672 per family under President Barack Obama’s health-care system overhaul, a benefit that will make the plans more affordable than some critics have predicted.
The subsidy should reduce the cost of the premiums by about 32 percent on average for people buying the second-lowest priced plans through state-by-state insurance exchanges set to open Oct. 1, the Kaiser Family Foundation said in a report today.