Defenders of the law might note that more than half—about 57 percent—of those who get their insurance through the individual market will benefit from the law’s generous health insurance subsidies. But even discounting the enormous public cost of financing those subsidies (which account for roughly half of the law’s $950 billion price tag over the next decade), it’s still not much consolation for the majority of individual market enrollees.
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That’s because more than half the individual market will still end up paying more: “After the application of tax subsidies,” the report projects, “59 percent of the individual market will experience an average premium increase of 31 percent.”
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