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Mainers Paying $99 in Monthly Premium on Exchange

| June 18, 2014

Healthcare Spending

AUGUSTA, Maine (AP) – 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.

Nationally, people are paying an average of $82 in premiums after subsidies on the exchange.

The department said that the average monthly premium in Maine before subsidies was $443 and fell 78 percent with the subsidy.

The average tax credit for Maine plans was $344 a month. Mainers who chose silver plans paid an average of $87.

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

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