The Self-Employed Shouldn't Bank on Obamacare Subsidies

Thanks to federal subsidies created by the Affordable Care Act, as many as 7 million Americans may be eligible to get coverage through health exchanges without paying a dime, according to new research (PDF) from McKinsey. That’s great for the people who qualify, though it’s worth clarifying that zero-premium doesn’t equal zero-cost—patients are responsible for co-payments for services delivered. Subsidies are unlikely to create large savings for one group you might think would benefit from the individual marketplaces: the self-employed.

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