Tuesday, November 12, 2013

Just how many people will get subsidies on Cover Oregon?

Kaiser researchers estimate that about 337,000 Oregonians ultimately could buy insurance through Cover Oregon. Of those, about 187,000 will meet the financial requirements to receive tax credits. People are eligible for tax credits if they make between 100 percent and 400 percent of the federal poverty level. That’s between $11,490 and $45,960 for a person living alone, or between $23,550 and $94,200 for a family of four. Most of these tax credits will go directly to the insurance plan chosen by the person. In exchange, the insurer will deduct the amount of the credit from the person’s monthly premium bill.
www.bizjournals.com/portland/blog/health-care-inc/....html

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