By what amount is each Florida household expected to save on healthcare costs by 2019?

The correct answer reflects the anticipated savings for Florida households resulting from the implementation of the Affordable Care Act (ACA) by the year 2019. The ACA introduced various provisions aimed at reducing healthcare costs, including offering subsidies for low- and middle-income individuals to help them afford insurance coverage and the expansion of Medicaid in participating states. Florida households, in particular, were forecasted to experience significant decreases in out-of-pocket healthcare expenses due to these provisions.

The figure of $1,520 represents the estimated annual savings for each household, which accounts for reductions in premiums, improved access to preventive care without additional costs, and other beneficial changes associated with the ACA, such as the elimination of lifetime coverage limits. This amount is a reflection of the financial relief provided to families through the reforms initiated by the Act.

Estimates for savings reflected in the other answer choices do not accurately align with research and data projections available to Florida’s households in the context of the ACA, making the $1,520 figure the most credible and substantiated estimate for expected savings.