• Advertise
  • Donate
  • Subscribe
    • Become a print subscriber
    • Sign up for e-Newsletter
    • e-Editions
Monday, May 29, 2023
No Result
View All Result
Minnesota Spokesman-Recorder
  • News & Features
    • National
    • Local
    • Special Editions
      • MLK Legacy
      • Black History Month
      • The MSR Celebrates Women’s History Month
  • All Sections
    • Opinion
      • Mellaneous by Mel Reeves
      • Word on the Street
      • Reaching Out From Within
    • Health + Wellness
      • Minnesota Cancer Alliance Breast Cancer Gaps Project
    • Sports
      • Timberwolves/NBA
      • Lynx/WNBA
        • 20 in 20
      • Twins/MLB
      • MN Wild/NHL
      • Vikings/NFL
    • Business
      • Small Business Month Celebration
      • Black Business Spotlight
      • Finances FYI
    • Arts + Culture
    • Photo Galleries
    • MSR Forefront Digital Roundtable Series
      • MSR Forefront Highlights
    • Go Green
    • Education
    • Bulletin
    • Jobs & Opportunities
      • Legals
  • Events
    • Submit an event!
  • Obits
  • Sister Spokesman
  • e-Editions
Minnesota Spokesman-Recorder
  • News & Features
    • National
    • Local
    • Special Editions
      • MLK Legacy
      • Black History Month
      • The MSR Celebrates Women’s History Month
  • All Sections
    • Opinion
      • Mellaneous by Mel Reeves
      • Word on the Street
      • Reaching Out From Within
    • Health + Wellness
      • Minnesota Cancer Alliance Breast Cancer Gaps Project
    • Sports
      • Timberwolves/NBA
      • Lynx/WNBA
        • 20 in 20
      • Twins/MLB
      • MN Wild/NHL
      • Vikings/NFL
    • Business
      • Small Business Month Celebration
      • Black Business Spotlight
      • Finances FYI
    • Arts + Culture
    • Photo Galleries
    • MSR Forefront Digital Roundtable Series
      • MSR Forefront Highlights
    • Go Green
    • Education
    • Bulletin
    • Jobs & Opportunities
      • Legals
  • Events
    • Submit an event!
  • Obits
  • Sister Spokesman
  • e-Editions
No Result
View All Result
Minnesota Spokesman-Recorder
No Result
View All Result

Biden proposes eliminating ‘family glitch’ in Affordable Care Act

by Stacy M. Brown
April 5, 2022
18
SHARES
367
VIEWS
Share on FacebookShare on LinkedIn

President Joe Biden said he wants to expand access to health care, and he’s doing so by proposing a change to the Affordable Care Act to allow more people eligibility for premium tax credits.

Under the president’s plan, families would receive tax credits if the cost of their coverage exceeds more than 10% of their incomes.

The U.S. Treasury Department said the change would allow 200,000 uninsured individuals to gain coverage while more than 1 million others would realize lower premium payments.

“Thanks to the landmark American Rescue Plan, ACA premiums are at an all-time low, while enrollment is at an all-time high,” the administration said in a Fact Sheet ahead of a formal announcement at the White House with former President Barack Obama.

- ADVERTISEMENT -

“Four out of five Americans can find quality coverage for under $10 a month, and families are saving an average of $2,400 on their annual premiums—$200 in savings every month back to families.”

The Fact Sheet continued:

“The Administration has lowered costs and increased enrollment to a record high of 14.5 million Americans—including nearly 6 million who newly gained coverage.

“With the addition of Missouri and Oklahoma, two states that expanded Medicaid last year, nearly 19 million low-income Americans are enrolled in the ACA’s Medicaid expansion coverage, adding up to a record nearly 80 million children, pregnant women, seniors, people with disabilities, and other low-income Americans covered by Medicaid.”

The administration said it’s seeking to fix the “family glitch” in the ACA law. “Under the ACA, people who do not have access to ‘affordable’ health insurance through their jobs may qualify for a premium tax credit to purchase affordable, high-quality coverage on the ACA’s health insurance marketplaces,” administration officials stated.

- ADVERTISEMENT -

“Current regulations define employer-based health insurance as ‘affordable’ if the coverage solely for the employee, and not for family members, is affordable, making family members ineligible for a premium tax credit even though they need it to afford high-quality coverage through the Marketplace.”

The officials added that for family members of an employee offered health coverage through an employer, the cost of that family coverage can sometimes be very expensive and make health insurance out of reach.

The “family glitch” affects about 5 million people and has made it impossible for many families to use the premium tax credit to purchase an affordable, high-quality Marketplace plan, officials stated.
Biden’s proposal reportedly would require some time before taking effect, thus the goal is for it to begin in January.

Administration officials said more than 14.5 million people purchased ACA marketplace plans this winter.
That number included 6 million who purchased health insurance for the first time.

Stacy M. Brown is the NNPA Newswire Senior National correspondent

- ADVERTISEMENT -

Support Black local news

Help amplify Black voices by donating to the MSR. Your contribution enables critical coverage of issues affecting the community and empowers authentic storytelling.

Donate Now!

ADVERTISEMENT
Previous Post

Lutheran Social Service names new associate VP of HR management  

Next Post

Dad’s A Mummy: Dad Took Son’s Ancient Egypt School Project Seriously And Built Life-Size Sarcophagus

Stacy M. Brown

You Might Also Like

Martin Luther King health
Health & Wellness

What would Martin do about unequal health care?

Increasing access to health care is good for everyone
Health & Wellness

Increasing access to health care is good for everyone

Martin Luther King’s legacy under siege 
Featured

Martin Luther King’s legacy under siege 

MN election brings clarity to future of abortion policy
Local

MN election brings clarity to future of abortion policy

close up photo of a stethoscope
Local

Minnesotans urged to do careful research ahead of ACA enrollment

doctor
Health & Wellness

Physicians and implicit bias

Next Post
A dad took his son's ancient Egypt school craft project extremely seriously - and built a life-size sarcophagus complete with a mummified pharaoh for $300. ( Richard Brigg/Zenger)

Dad’s A Mummy: Dad Took Son’s Ancient Egypt School Project Seriously And Built Life-Size Sarcophagus

  • Facebook
  • Instagram
  • Twitter
  • YouTube
ADVERTISEMENT

The Latest News

Community remembers, looks forward three years after George Floyd’s police killing

Community remembers, looks forward three years after George Floyd’s police killing

In history-making selection, Biden picks Gen. Charles ‘CQ’ Brown, Jr. as chair of Joint Chiefs of Staff

In history-making selection, Biden picks Gen. Charles ‘CQ’ Brown, Jr. as chair of Joint Chiefs of Staff

Black-owned farmers market in full swing this spring

Black-owned farmers market in full swing this spring

Honoring Black Americans’ role in the inception of Memorial Day

Honoring Black Americans’ role in the inception of Memorial Day

Saints pitcher Woods Richardson keeps on trying

Saints pitcher Woods Richardson keeps on trying

Black Business Spotlight: West Indies Soul Food

Black Business Spotlight: West Indies Soul Food

Minneapolis
◉
66°
Sunny
5:31 am8:49 pm CDT
TueWedThuFriSat
88/66°F
90/66°F
88/68°F
91/68°F
90/64°F
Weather forecast Minneapolis, Minnesota ▸
ADVERTISEMENT
ADVERTISEMENT

Upcoming Events

Apr 1
April 1 @ 7:30 pm-May 29 @ 9:00 pm Recurring

Wit by Margaret Edson

Apr 14
April 14 @ 9:00 am-August 12 @ 5:00 pm

Paper Is People: Decolonizing Global Paper Cultures

May 29
10:00 am-4:00 pm Recurring

Preserving Nature Photos by Walter Griffin: REFLECTIONS

May 29
10:30 am-4:00 pm

Memorial Day Community Celebration at Lakewood Cemetery

View Calendar

Read our latest e-Edition!

ADVERTISEMENT
ADVERTISEMENT

Subscribe

  • Home/Office Delivery
  • Weekly e-newsletter
  • e-Editions

Support

  • Donate
  • Subscribe
  • MSR Newsstand Locations

Connect

  • About
    • MSR Staff
  • Contact
  • Send a news tip
  • About
  • Privacy Policy
  • Terms

© 2023 Minnesota Spokesman-Recorder

No Result
View All Result
  • News & Features
    • Local
    • National
  • All Sections
    • Arts & Culture
    • Health & Wellness
      • MN Cancer Alliance Breast Cancer Gaps Project
    • Business
      • Black Business Spotlight
      • Finances FYI
      • Small Business Month Celebration
    • Opinion
    • Sports
  • Events
  • Obits
  • Sister Spokesman
  • Donate
  • Subscribe

© 2023 Minnesota Spokesman-Recorder

 

Loading Comments...