News Headlines Article

Premium subsidies flow heavily to populous, poor states
Modern Healthcare

More than half of this year’s $27 billion in Affordable Care Act premium subsidies are going to five states, which has created a big but risky business opportunity for health insurers. Many Republican-led states with high numbers of low-income residents are also among the leading recipients of the law’s premium subsidies, according to recent CMS data.California, Florida and Texas not surprisingly lead the list of states receiving the most in premium subsidies, which are provided to consumers as tax credits to help pay down the monthly cost of their health insurance.