TPM Livewire

Obama Admin: Half Of Young Americans Could Buy Insurance For $50 Or Less

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The conclusion was based on data from the 30-plus states where insurance is being sold through, for adults ages 18 to 34, who qualify for tax credits through the law. The analysis found that 46 percent could pay $50 or less for a bronze plan (which covers 60 percent of costs), and 66 percent could pay $100 or less.

“The health care law is making health insurance more affordable for young adults,” HHS Secretary Kathleen Sebelius said in a statement.

The administration has said it hopes to enroll 2.7 million age 18 to 34 (out of 7 million total) in the first year.