Regulations

Average ACA Tax Credit for 6.5 Million is $268

By Robert Sheen | February 09, 2015

Almost 6.5 million individuals in the 37 states using the platform will qualify for an average $268 person per in advanced , according to a U.S. Department and Human Services .

Among consumers who have signed up for 2015 so far in the 37 states, 8 in 10 were able to find a plan with a $100 or less after .

Based actual plan choices and re-enrollments to date, 53% individuals selected or re-enrolled in a plan with a net $100 or less after advance .

Similarly, 66% individuals could have selected a plan with a $50 or less after the advance , but based plan selections and re- to date, only 31% individuals actually selected or re-enrolled in with a net $50 or less after the advance .

According to the report, average reduced consumers’ premiums by 72%.

The average for 2015 dropped from $374 before to $105 after , among 6.5 million consumers in the 37 state using the platform who selected a plan with .

The HHS analysis includes plan selections from Nov. 15 through Jan. . Signups between that date and the close Feb. 15 could change those figures, HHS noted.

The seven-page report also includes a state-by-state breakdown for each the 37 states using to make available to their residents. The average percent reductions in premiums after the ranged from 55% in Arizona to 89% in Mississippi. The average ranged from $534 in Alaska to $159 in Utah.

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