Monday, October 24, 2022

Biden fixes Affordable Care Act "family glitch" by fiat

This month the Biden Administration finalized an administrative workaround to somehow override the law and counteract the "family glitch" that left many families without access to health insurance subsidies.

"Four out of five Americans can find quality coverage for under $10 a month" the administration said in April, speaking of those receiving subsidies.

That's not what we've been paying all these years. 

There is conservative commentary here.

This move will create pressure for families to drop employer-based health insurance and switch over to the exchanges...particularly since inflation is high and prices are outrunning incomes.  Probably some employers will drop health insurance benefits entirely.  The "family glitch" was not accidental, and these consequences are not accidental either.


No comments:

Post a Comment