Connecticut's Congressional Delegation today applauded the release of approved health insurance plans to be sold on the Access Health CT marketplace. Connecticut residents can begin shopping on the marketplace, established by the landmark Affordable Care Act, October 1. These rates are the cost of health insurance before tax credits available to individuals and families purchasing their own health insurance policies. For example, families of four with incomes up to $94,200 a year will be eligible for tax credits to help pay for health insurance. Individuals with qualifying income levels are also eligible for tax credits.
"Today's announcement is further proof that health care reform is working for residents across Connecticut. People who currently cannot afford insurance will particularly benefit from reduced costs that resulted from the rate review process and the tax credits that will make health care even more affordable, for both individuals and small businesses. Lower costs, and increased access and transparency, bode well for the future of health care in Connecticut and across America."