Newspaper article St Louis Post-Dispatch (MO)

Feds Say 83,000 Missourians Are Leaving Government Insurance Money on the Table

Newspaper article St Louis Post-Dispatch (MO)

Feds Say 83,000 Missourians Are Leaving Government Insurance Money on the Table

Article excerpt

With four weeks left until the start of open enrollment, the federal government released estimates Tuesday that show millions of Americans could benefit from financial assistance if they shopped for individual coverage on HealthCare.gov as opposed to purchasing coverage off-exchange.

The U.S. Department of Health and Human Services estimates that about 6.9 million Americans buy individual health care coverage off the exchange. Of that number, nearly 2.5 million may have income levels that qualify them for financial help to pay insurance premiums. That includes 83,000 people in Missouri and 130,000 in Illinois, HHS said.

Tax credits are available to consumers with income up to four times the federal poverty level, or nearly $100,000 for a family of four. …

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