Obamacare signups down 500,000 from last year, but premiums up just $1

The number of people enrolling in Obamacare plans for this year dropped slightly from the year before, while premium increases for those receiving tax credits were far smaller on average than many expected, according to federal data released Wednesday.

Nationally, 83% — or more than 10 million consumers — of those who selected a plan had premiums reduced by tax credits, and these people on average only saw their premiums jump by $1, the Centers for Medicare and Medicaid Services reported. The average value of the tax credits received was $383 per person per month.

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