Did you know that 6.4 million Americans are eligible to buy insurance through the new health exchanges will pay $100 or less a month according to the Department of Health and Human Services. With the health care law Americans without health insurance from their employers, Medicare or Medicaid are required to buy insurance through websites called exchanges that were created for each state.
Americans who make less than 400% of the poverty level, or $94,200 for a family of four, are allowed grants to help make payments. Researchers looked at Census data to estimate costs. Although not all of the states nor the federal exchange have announced their rates yet, researchers determined they could estimate payments without that information. About 41.3 million people don't have insurance.
Out of 25 states that expanded Medicaid, 12.4 million uninsured Americans will be eligible to pay less than $100 a month. The report found they will pay either nothing or a small premium to participate in Medicaid.
So is this a good thing, requiring that people have health insurance? We'll see eventually. Until then, just stop into our store or call us to see how affordable insurance is!
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