Press Release
U.S. Rep. Castor's statement on panel ruling regarding health insurance tax credits
Washington,
July 22, 2014
Tags:
Health Care
In response to a three-judge panel in Washington that ruled 2-1 that insurance tax credits apply only in states that have set up their own marketplaces, U.S. Rep. Kathy Castor (D-Tampa/St. Petersburg, FL) said the following: “Floridians are at the mercy of the rigid ideology of Republican Gov. Rick Scott and legislators who refused to set up a Florida marketplace, expand health services to a million Floridians under Medicaid and even took away the insurance commissioner's ability to oversee insurance company rate increases. Hopefully, on appeal, the hundreds of thousands of our neighbors who finally have affordable health insurance will maintain access to their valuable tax credits.”
In response to a three-judge panel in Washington that ruled 2-1 that insurance tax credits apply only in states that have set up their own marketplaces, U.S. Rep. Kathy Castor (D-Tampa/St. Petersburg, FL) said the following: “Floridians are at the mercy of the rigid ideology of Republican Gov. Rick Scott and legislators who refused to set up a Florida marketplace, expand health services to a million Floridians under Medicaid and even took away the insurance commissioner's ability to oversee insurance company rate increases. Hopefully, on appeal, the hundreds of thousands of our neighbors who finally have affordable health insurance will maintain access to their valuable tax credits.”
Florida has the highest number of individuals who signed up for health insurance through the federal Florida marketplace, 983,775. Of that number, 893,655 Floridians received a tax credit which is 91 percent of the total.
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