November 22nd, 2013
07:11 PM ET
5 months ago

CNN analysis: No Obamacare subsidy for some low-income Americans

Washington (CNN) - One of the basic tenets of Obamacare is that the government will help lower-income Americans - anyone making less than about $45,900 a year - pay for the health insurance everyone is now mandated to have.

But a CNN analysis shows that in the largest city in nearly every state, many low-income younger Americans won't get any subsidy at all. Administration officials said the reason so many Americans won't receive a subsidy is that the cost of insurance is lower than the government initially expected. Subsidies are calculated using a complicated formula based on the cost of insurance premiums, which can vary drastically from state to state, and even county to county.

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Filed under: Healthcare • Obamacare
soundoff (3 Responses)
  1. Gurgyl

    Yes, low income group deserve subsidy, didn't we drain our hard earned dollars in Iraq, Afghanistan, Pakistan for nothing? Why do we need to suffer low income groups? Tax the ones that make more than 250k or more.

    November 22, 2013 08:35 pm at 8:35 pm |
  2. Thomas

    Young adults want cool stuff with there Affordable Healthcare .

    This is about marketing to the not yet so responsible immortals.

    Anybody remember the Who song , I hope I die before I get old ?

    November 22, 2013 09:50 pm at 9:50 pm |
  3. Dennis Freeman

    Why talk about all of the good the ACA does for so many now and in the future when you can waste time on fixable issues that affect a much smaller percentage?

    November 23, 2013 10:17 am at 10:17 am |