News Headlines Article

Covered California: Health plan subsidies averaged $5K+ in 2014
Southern California Public Radio

The federal government provided on average more than $5,200 last year to people who bought subsidized individual health plans through Covered California, the state insurance exchange said Monday. It added that a majority of consumers who received subsidies also saved on average more than $1,000 in out-of-pocket health costs in 2014, thanks to reductions triggered by the Affordable Care Act.