Mainers paying $99 in monthly premium on exchange

Written By Unknown on Rabu, 18 Juni 2014 | 12.33

AUGUSTA, Maine — Mainers who signed up for health care coverage on the federally-run exchange are paying an average of $99 per month in premiums.

The U.S. Department of Health and Human Services figures released Wednesday show that 89 percent of Mainers who signed up on the exchange selected plans that the federal government helps pay for with tax credits.

The department said that the average monthly premium in Maine before credits were taken into account was $443 and fell 78 percent with the subsidy.

The average tax credit for Maine plans was $344 a month. The federal government pays the credit directly to insurers. Mainers who chose silver plans, the most common, paid an average monthly premium of $87.

More than 44,000 Mainers signed up on the exchange during open enrollment period.


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