Health Insurance in Fort Worth May Become Permanently Affordable

Health Insurance in Fort Worth May Become Permanently Affordable, updated 10/19/21, 12:19 AM

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As the article states, “The enhanced subsidies lower the percentage of income that any [ACA] enrollee has to pay for health insurance from around 10 percent to 8.5 percent.

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Health Insurance in Fort Worth May
Become Permanently Affordable
Fort Worth health insurance and the
people who have it may see their
opportunities for affordable
healthcare grow by leaps and bounds
should a new proposal on the table
gain momentum among Blue-state
lawmakers.
The proposal is to make enhanced ACA
subsidies permanent moving forward,
giving so many more Americans greater
help in affording premiums that are
already trending downward thanks to
the current administration's American
Rescue Plan.
The problem was that this
opportunity was only
available until 2022.
The House Ways and Means
Committee proposed recently
that permanent affordability be
added to the Blue-state's $3.5
trillion social spending
package.
As the article states, "The
enhanced subsidies lower the
percentage of income that any
[ACA] enrollee has to pay for
health insurance from around 10
percent to 8.5 percent.
Notably, the proposal also allows people
who make more than 400 percent of the
federal poverty limit to access the financial
assistance for their premiums." Rick
Thornton, a Fort Worth health insurance
agent said this news shouldn't come as
much of a surprise.
Extending the financial
assistance programs has
been a priority of many key
lawmakers, including Nancy
Pelosi.
Thornton echoed the article by saying
that previously released sections of
the House package would also create
a new federal program to expand
Medicaid in the 12 GOP-led states
that have refused the expansion
under the ACA.
"A study from the Urban Institute released
earlier this week found that the Medicaid
expansion provision and making the
enhanced ACA subsidies permanent
would together reduce the number of
uninsured people by 7 million, or about
one quarter," the article said.
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online.
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