Cost of "Obamacare" Subsidies

Published 06/18 2014 04:36PM

Updated 06/18 2014 04:38PM

The federal government is spending about $264 a month for every "Obamacare" customer receiving a premium subsidy.

That's according to a new report from the Department of Health and Human Services.

Americans using the Affordable Care Act for coverage are paying about $82 a month on average, with the subsidy.

HHS says about 87 percent of the 5.4 million people who signed up, qualified for subsidies.

The Congressional Budget Office estimates taxpayers will spend $12 billion this year to cover those subsidies.

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