In fact, FLOIR said low income families and individuals will see a small reduction in Obamacare premium payments next year. A family of four earning $53,000 and an individual earning $27,000 shouldn’t be worried about their premium.
Additionally, FLOIR said, “Consumers enrolled in a Silver on-Exchange plan that do not receive a premium subsidy will have the option of purchasing a similar off-Exchange Silver plan without this extra cost.”
Health insurance plans other than the on-Exchange Silver plans will increase an average of 18%, according to FLOIR. The average unsubsidized health insurance plan for a family of four in 2018 will be $17,000.
In 2016, consumers in Florida enrolled in on-Exchange plans received $4.7 billion total premium federal subsidies. The federal reimbursements of cost-sharing reductions or payments directly to insurers totaled $1.3 billion.
