11700000 Registered in Obamacare Health Plans This Open Enrollment

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11700000 Registered in Obamacare Health Plans This Open Enrollment -

2015 With Obamacare open enrollment to its end, how many enrolled in health coverage and how much it costs?

In 2015 Obamacare open enrollment, nearly 11.7 million consumers nationwide are enrolled in coverage to market Medicare - open up nearly 3.7 million from 2014 registration period. And the subsidized plan individual health costs on average $ 101 / month. Obamacare Enrollment Numbers

This is according to a new market report published yesterday by the Department of Health and Human Services (HHS).

Here are some of Obamacare registration numbers for the period 2015 open enrollment, 15 November 2014 and 22 February 2015.

Obamacare registration numbers - Highlights

  • of the nearly 11.7 million people who have chosen a plan, 76 percent used the federal insurance market disease, and HealthCare.gov 24 percent used a market operated by the state.

  • Nearly 7.7 million people with a selection regime in the states using HealthCare.gov qualified for an average tax credit of 263 $ per month. More than half (55 percent) paid $ 100 or less a month after the premium tax credits.

  • 3.3 million young adults (ages 18 to 34) signed for coverage market, which represents 28 percent of all parts diet.

average health plan subsidized costs $ 101 / month

According to HHS, the average premium before credits tax is $ 364 / month for plans purchased by the federal market to function, HealthCare.gov. Eighty-seven percent (87%) receive tax credits and pay an average of $ 101 / month across all types of plans. The tax credit in the average premium is $ 263 / month.

According to the Kaiser Family Foundation, the average cost to cover an individual with the group health insurance in 2014 was $ 502 / month ( Source ).

38% pay $ 50 / month or less

For those who receive premium tax credits, 38 percent are paying $ 50 / month or less and 63% are paying $ 100 / month or less.

Read the full report here HHS.

Conclusion

If you think health insurance is too expensive for your family or your employees, think again. The average cost of individual health insurance in 2015 through the federal market run is 101 $ / month after premium tax credits are applied. The vast majority (87 percent) are eligible for a discount

Compare that to the average cost of health insurance purchased through an employer -. $ 502 / month - and it's easy to see why experts predict a massive change in individual health insurance.

What do you think? Leave a comment below

See related :.

The average cost of health insurance

snapshot of the market - 87% Discounts Qualify, average cost of $ 105 / month

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