Up to 17 million Americans eligible for Obamacare tax credits: report
Source: Reuters
As many as 17 million low- to moderate-income Americans should be eligible for tax credits to buy private health insurance under President Barack Obama's healthcare law in 2014, according to a report by the Kaiser Family Foundation.
The subsidies are a provision of the law that aims to make U.S. health coverage more affordable. Enrollment in the health plans began on October 1, but has been hobbled by technical problems that have halted access to the federal HealthCare.gov website meant to help people in 36 states verify their eligibility for subsidies and sign up.
The three states with the highest number of individuals who will qualify for the subsidies are Texas, where as many as 2 million people qualify; California, where some 1.9 million people qualify; and Florida, where 1.6 million people qualify, the Kaiser report said. It is based on an analysis of 2012 and 2013 population and economic data from U.S. Census Bureau.
The states with the fewest number of residents to qualify are Vermont, with 27,000 individuals, and the District of Columbia, with 9,000.
Read more: http://www.reuters.com/article/2013/11/05/us-usa-healthcare-subsidies-idUSBRE9A405920131105?feedType=RSS&feedName=topNews&utm_source=dlvr.it&utm_medium=twitter&dlvrit=992637
Here is a story that will not be discussed on Cable News. The kicker is that Texas has the most people who would potentially qualify for subsidies.
