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Life Health > Health Insurance

Which states will suffer most from subsidies case?

By Dan Cook

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Yet another bit of King v. Burwell conjecture says that southern states that depend upon the federal health exchange marketplace for Obamacare will bear the brunt of a ruling that vacates premium subsidies.

The Kaiser Family Foundation examined the latest insurance enrollment figures and found that more residents in Florida, Texas, North Carolina, Georgia, and Pennsylvania will lose subsidies than any other states with federal subsidies.

READ: What has PPACA really done to jobs?

A total of 6.4 million people will lose subsidies if they are declared void by the U.S. Supreme Court; premium subsidies nationwide of $1.7 billion would go away.

READ: Public exchanges have 10.2 million paid enrollees

The foundation said the highest increase per person would occur in Mississippi, with premium increases estimated at 650 percent higher than the current figure. Florida will lose the largest gross amount — $389 million in subsidies — with Texas a distant No. 2 at $205 million.

Here’s the list of the Top 5 in numbers of residents affected:

Florida:

1.3 million

Texas:

832,000

North Carolina:

458,738

Georgia:

412,385

Pennsylvania:

348,823

And the list of the Top 5 in percent increase in premium cost:

Mississippi:

650 percent

Alaska:

520 percent

Utah:

520 percent

Maine:

383 percent

Georgia:

381 percent

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