COVID Relief Package Could Also Boost Coverage, Help Insurers

COVID-19 relief legislation under consideration by key committees in the House of Representatives includes provisions aimed at helping Americans afford health insurance, many of which could be beneficial to consumers and health insurance organizations alike.

A proposal from the House Ways and Means committee would alter Affordable Care Act subsidies, effective only in 2021 and 2022, to ensure that no marketplace enrollee pays more than 8.5% of their income on premiums. That would mean that people earning above 400% of the federal poverty level (FPL) would be eligible for ACA subsidies for the first time. People with income below 150% of the FPL also would see the premiums for a benchmark ACA plan (the second-lowest cost silver-tier plan) fully subsidized.

0 Comments
© 2023 MMIT
Leslie Small

Leslie Small

Leslie has been reporting and editing in various journalism roles for nearly a decade. Most recently, she was the senior editor of FierceHealthPayer, an e-newsletter covering the health insurance industry. A graduate of Penn State University, she previously served in editing roles at newspapers in Pennsylvania, Virginia and Colorado.

Related Posts

doctor-holding-patient-hands
June 2

As COVID-Related Policies Expire, Health Coverage May Reshuffle

READ MORE
medicaid-application
June 2

CMS Tells States to Slow Down Medicaid Disenrollment as Florida, Arkansas Reports Raise Alarm

READ MORE
medical-billing
June 2

Stymied in Bid to Expand Site-Neutral Pay Policies, Payers Support Transparent Billing

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today