Thursday, March 5, 2015

ACA Sign Ups and Tax Credits in Utah Fact Sheet

CMS FACT SHEET: AFFORDABLE CARE ACT IN Utah

as of March 3, 2015

-At the end of Open Enrollment on February 15, 140,221 Utah consumers had selected a plan or were automatically re-enrolled in Marketplace coverage.

-88 percent of Utah consumers who were signed up as of January 30 qualify for an average tax credit of $159 per month through the Marketplace.

-As of January 30, in the 37 States using the HealthCare.gov platform, the average advance premium tax credit covers about 72 percent (or $268) of the gross premium, and tax credits will reduce premium costs across the 37 States by over $1 billion a month. 

-In the final day of Open Enrollment, more new consumers signed up for health coverage than any other day this open enrollment or last. 

-82 percent of Utah Marketplace enrollees as of December 2014 could have obtained coverage for $100 or less after any applicable tax credits in 2015.

-Utah consumers could choose from an average of 69 health plans in their county for 2015 coverage – up from 55 in 2014. 

Read more at http://www.hhs.gov/healthcare/facts/blog/2015/02/open-enrollment-week-thirteen.html

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