Tuesday marks the rollout of the Health Insurance Marketplace, a centerpiece of the Affordable Care Act. The marketplace, or the exchange, is an online health insurance shopping site.Here are some facts for Texas and Tarrant County.Insurance market $24.3 billion: Total value of Texas health insurance policies written * $5,772: Average annual premium in 2013 for employer-sponsored health insurance, employee-only coverage ** $16,001: Average annual premium in 2013 for employer-sponsored health insurance for family coverage ** $1,002: Average annual employee contribution, employee-only coverage $5,031: Average annual employee contribution, family coverageInsured and uninsured (2012) 14.5 million: Texas residents with private insurance 7.3 million: Texas residents with government insurance 5.7 million: Texas residents without health insurance (24.6 percent) 3.33 million: Texas Hispanics without health insurance (34 percent) 419,000: Tarrant County residents without health insurance (23 percent) 2.58 million: Texas residents who qualify for health insurance subsidies through the federally run Health Insurance Marketplace: 17.9 percent: Texas households below federal poverty level (2012) 16 percent: Tarrant County households below federal poverty level (2012) 3.67 million: Texas residents enrolled in Medicaid (January)* For 2011 (does not include self-insured organizations)** Data for South region, including TexasSources: 2013 Current Population Survey, U.S. Census Bureau; Texas Department of Insurance; Families USA, Kaiser Family Foundation
Sample premiums from the Texas Health Insurance Marketplace
Here are examples of annual premiums on the state’s online insurance exchange and the impact of federal tax credits for two sample households in Texas and in Dallas-Fort Worth.
|27-year-old with $25,000 annual income||Family of four with $50,000 annual income|
|Monthly premium: second-lowest-price silver plan||Monthly premium: lowest-price bronze plan||Monthly premium: second-lowest-price silver plan||Monthly premium: lowest-price bronze plan|
|Before tax credit||After tax credit||After tax credit||Before tax credit||After tax credit||After tax credit|
Source: Health and Human Services Department