We are pleased by today’s decision by the United States Supreme Court to uphold subsidies for health insurance purchased through federally-run Marketplaces, including in Kansas and Missouri.
This decision means that the 70,000 residents of the Kansas City area who rely on the tax subsidies to help pay for their health insurance can continue their coverage and access vital health care services at affordable costs.
In the last enrollment period, 90 percent of Missouri Marketplace enrollees qualified for premium tax credits to lower their costs, which lowered the average premium payment from $363 to $85 per month. Similarly, 82% of Kansas Marketplace enrollees qualified for premium tax credits to lower their costs, which lowered the average premium payment from $301 to $90.
We know that people without health insurance tend to delay treatment or don’t get diagnosed with health problems until the condition is severe, which often requires more expensive interventions. Without this help the cost of insurance would become unaffordable and could result in many people dropping their coverage. We celebrate today’s decision and the reassurance that many hard working members of our community can now take the worry of health insurance off their plate.
We encourage those in our community who don’t have coverage to visit the Marketplace when open enrollment begins this fall. In the Kansas City region, people interested in learning more about their Marketplace health plan options, including opportunities for financial assistance, can find free information and locate in-person help by visiting the Cover KC website at www.coverkc.org.