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Obamacare: Affordable after all

It’s not unusual to hear opponents of the Affordable Care Act claim that premiums under the new law won’t be affordable. But one of the first and broadest nonpartisan studies strongly suggests that once federal tax subsidies are factored in, premiums will be well within reach for those with moderate incomes.

The highly respected Kaiser Family Foundation compared rates for so-called bronze (basic) and silver (good) plans in the largest cities in the 17 states, plus the District of Columbia, where information on insurance premiums is already available. The foundation used as its point of comparison the cost of the second-cheapest silver plan and the lowest-cost bronze plan for a single 25-year-old, a single 40-year-old, and a single 60-year-old, assuming each was making $28,725 a year.

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