WASHINGTON (AP) — Millions of people in the United States will be spared from big increases in health care costs next year after President Joe Biden signed legislation extending generous subsidies for those who buy plans through federal and state marketplaces.
Health insurance premiums in the marketplace are expected to rise significantly next year — roughly 10 percent — according to an
. The extended subsidies, which determine premium payments based on income, will guard most people from those price increases, said Cynthia Cox, a vice president at the foundation.Those who bought plans on the government marketplace saved on average about $700 in premium payments from the subsidies this year, according to estimates by the Centers for Medicare and Medicaid Services.the Department of Health and Human Services announced.
Cost is the biggest factor driving whether a person signs up for coverage or not, said Joseph Poindexter, the senior director of health insurance programs atSome parents, for example, sign their children up for Medicaid but skip buying coverage for themselves, he said. “It’s really said to see folks who will say, I’ll forgo treatment, or won’t go visit the doctor,” Poindexter said.
Fewer people have had to make that calculation with the subsidies, Poindexter said, attributing the lowered prices to a 9% increase in new enrollees in the state last year.AP NEWS
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Biden bill to help millions escape higher health care costsMillions of people in the United States will be spared from big increases in health care costs next year after President Joe Biden signed legislation extending generous subsidies for those who buy plans through federal and state marketplaces.
Weiterlesen »
Biden signs sweeping bill to tackle climate change, lower health-care costsThe ambitious law aims to tamp down on inflation, lower prescription drug prices, address climate change, reduce the deficit and impose a minimum tax on the largest corporations.
Weiterlesen »
PolitiFact - The Democrats’ big IRA bill fulfills some Biden promises, leaves others behindPresident Biden is signing the Inflation Reduction Act into law. It delivers on his campaign agenda regarding climate change and Medicare, but falls short on promises he made about childcare, pre-school and family/medical leave.
Weiterlesen »
PolitiFact - The Democrats’ big IRA bill fulfills some Biden promises, leaves others behindPresident Biden has signed the Inflation Reduction Act into law. It delivers on his campaign agenda regarding climate change and Medicare, but falls short on promises he made about childcare, pre-school and family/medical leave.
Weiterlesen »
Biden signs sweeping climate, health care, tax bill into law'The American people won, and the special interests lost,' President Biden said, noting that pharmaceutical companies had lobbied against measures to lower prescription drug costs for people on Medicare. | via NPR
Weiterlesen »
Pro-Biden group pouring millions into new ad campaign to promote new climate, health care legislationBuilding Back Together (BBT), a pro-Biden outside organization launched by the president and his campaign team to help promote policy priorities.
Weiterlesen »