Among American consumers who bought individual policies on health care.gov, as well as offline, more than 70 percent would qualify for tax credits, said
Independent agents in the state agreed that some are missing out on lower costs by not taking advantage of the tax savings. Meanwhile, at least one
In advance of the
Consumers may be eligible for tax credits if their incomes are between 100 and 400 percent of the federal poverty level, which would extend to about
Nationally, the new analysis shows 1.9 million Americans of the 6.9 million who buy health insurance policies offline may qualify for tax credits that some 9 million Americans already receive.
Eighty-four percent of roughly 135,000 Oklahomans with healthcare.gov plans currently qualify for subsidies. Among those, the average monthly premium fell from
Many don't apply
"I'm not sure of the number 33,000, but I would agree with the premise that many people would qualify but don't even apply," said
"It's true that some folks don't know premium tax credits and cost sharing are available. Some do know and don't want to have anything to do with accepting help from the government," she said.
"As we head into open enrollment, we want to remind consumers currently receiving financial assistance to update their financial and family information with the government by
Schreier refers customers to the nonprofit
"This quick calculator asks six questions and will let you know if you are in the ballpark for a subsidy," he said.
Meanwhile, premiums will likely increase by an average of 76 percent for Oklahomans who buy individual coverage through the Affordable Care Act's marketplace, the state
As to the increases, Amend said rates are based on anticipated medical care and pharmaceutical costs, and that BCBSOK since 2014 has had combined losses of more than
Analysis from the federal government in late August found that, even if premiums rise 50 percent next year on
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