As you know, the Senate passed the Patient Protection and Affordable Care Act on Christmas Eve. While this is a huge gift for those who have worked tirelessly for health reform, there was a bonus stocking stuffer this past December, as well.
A lifeline has just been yanked out from underneath many Americans and their families.
According to a new report from Families USA, beginning December 1st, more and more people will face a crushing financial burden-and are likely to join the ranks of the uninsured-as subsidies for COBRA coverage begin to expire.
As the number of Americans without health insurance continues to rise, so too do the costs borne by those who have coverage, who face what might be called a “hidden health tax.” Uninsured people who receive health care often cannot afford to pay the full amount themselves, so the costs of this uncompensated care get shifted to those who have insurance.