In states run by Republican governors, a greater percentage of people get support from the Patient Protection and Affordable Care Act to buy insurance, via subsidies created by the law, than in Democrat-run states.That is somewhat misleading, as it only looks at who is the governor of the state. If you look at the chart, the red states with the lowest subsidy rates include Massachusetts and Maryland, while amongst the blue states with the highest rates include West Virginia and Missouri.
Across the country, about 85 percent of people in Obamacare’s exchanges get financial help. Democrat-run states tend to have fewer subsidy beneficiaries than those run by Republicans, though. Red states Mississippi, Florida, and North Carolina saw the highest percentages of enrollees getting subsidies. The figure was lowest in blue states like Minnesota, Colorado and Hawaii.
In total, about 10.2 million people paid for insurance policies they picked in ACA marketplaces for this year, up from 6.3 million at the end of 2014, the U.S. said today.
Sunday, July 12, 2015
Where Do Obamacare Subsidies Go?
Bloomberg, via Ritholtz: