First you save money on insurance. Then you give it back. Meet yet another puzzling anomaly buried within the Patient Protection and Affordable Care Act.

Researchers from UC Berkeley, UCLA and the Economic Policy Institute in Washington, D.C., examined the fine print that constitutes the rules and regulations surrounding subsidies for individuals and families buying insurance through the state exchange markets.

In findings published in the September issue of Health Affairs, they began with the following recitation:

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Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.