The middle class, working class, children and the medically underserved have been left behind during the last several decades of economic growth. The Build Back Better Act would start to redress the imbalance, writes columnist hiltzikm.
The bill would make permanent the ACA premium subsidy changesby the American Rescue Plan, the Biden administration’s COVID relief act. That act eliminated the subsidy cliff of the original ACA, which cut off subsidies for households that earned even a penny more than 400% of the federal poverty level .so no household would have to pay more than 8.5% of its income for a benchmark silver ACA plan. The subsidies were therefore made theoretically available to everyone.
over two years for the cost of about $6.8 billion in expansion. Texas, for example, would spend less than $3.2 billion on expansion but gain more than $5 billion from the increased share. The act would take the issue out of the states’ hands by creating a new entirely federal Medicaid program to serve the roughly 2.2 million uninsured adults who fall into the gap in non-expansion states — chiefly Florida, Texas, Georgia and North Carolina — starting in 2025. Some 60% of those uninsured adults, by the way, are people of color.
The act would appropriate $75 million over the next three years for education and outreach about ACA plans, reversing actions by the Trump administration that cut that important spending effectively to nothing as part of Trump’s determined sabotage of the ACA.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Column: Mookie Betts and Dodgers look perfectly comfortable with season on lineIn a win-or-go-home game Tuesday night, Dodgers right fielder Mookie Betts was again a catalyst in a 7-2 victory over the San Francisco Giants.
Read more »
Column: The U.S. fought the Civil War, then honored its enemies by naming army bases after them. Why?We’re changing the names of Ft. Hood, Ft. Bragg and others now. But what were we thinking when we named military sites after leaders of a white separatist insurrection?
Read more »
Is It Versace by Fendi or Fendi by Versace?Is it Versace by Fendi or Fendi by Versace?
Read more »
Christmas turns my kids into spoiled brats. Am I justified in canceling it?'I'll be frank: I don't want to do a big Christmas this year.'
Read more »
Beanie Feldstein Actually Doesn't Know Who Lea Michele Is'I don't know the woman whatsoever,' said Feldstein
Read more »