Florida and Texas would be the most affected states if the Supreme Court strikes down Obamacare subsidies later this month, a new analysis shows.
A total of 1.3 million people would lose a combined $389 million a month in subsidies in Florida and 832,000 residents in Texas would lose $206 million, according to an analysis from the Kaiser Family Foundation. Nationally, 6.4 million people would lose their subsidies, a figure in line with prior estimates.
North Carolina (458,738), Georgia (412,385) and Pennsylvania (348,823) round out the top five states with the most people who could lose subsidies.
The analysis, based on 2015 Obamacare enrollment data released Tuesday, surveys the impact of the Supreme Court’s decision in King v. Burwell. Later this month, the court will decide whether the federal government has the authority to give subsidies to states that did not set up their own exchanges.
Thirty-six states don’t have their own exchange and use healthcare.gov. If the court finds the federal government doesn’t have the authority, residents who get subsidies in those states would lose them.
Kaiser also looked at the impact per person, namely how much their non-subsidized premium would have to rise.
Mississippi would fare the worst, with a subsidized resident in that state seeing an average premium increase of 650 percent. Most people who would lose their subsidies would see an average increase of 287 percent, Kaiser said.
