In 2016, most Americans between the ages of 18 and 65 will get their health insurance from their employer—and they will get it for less because the federal government will give them tax breaks to the tune of $266 billion, according to a new report from the Congressional Budget Office.
Overall, federal subsidies for this age group will total more than $600 billion and will help provide health insurance to some 244 million Americans. Besides employment-sponsored coverage, fewer numbers receive coverage from Medicaid, Medicare, non-group insurance purchased through a public health insurance exchange and a small number of other sources, according to CBO. The government agency estimates that about 27 million people, or 10% of the population under age 65, will be uninsured in 2016.
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