Low- and Middle-Income Americans Will Receive Tax Credits to Help Pay for Health Insurance. Starting in 2014, Americans earning up to four times the federal poverty level (currently $47,100 for an individual and $94,200 for a family of four*) will be eligible for premium tax credits to help them buy health coverage in insurance marketplaces (also known as “exchanges”).
Estimates that more than 25.7 million Americans will get help paying for health coverage in the health insurance marketplaces .
Learn how the Affordable Care Act allows insurers to charge tobacco users more for health coverage, what this means for consumers, and what your state can do to make coverage affordable.
How many people will be eligible for a health insurance premium tax credit?
As health care consumers, we can all agree that health care costs are too high. What we may not realize is that the “just in case” X-ray or CT scan that we request or that our doctor prescribes may be a major driver of these costs. But how do we know when “just in case” isn’t necessary or is potentially harmful?
In the past, women, people in less-than-perfect health, and older people were all charged much higher premiums than others—in fact, many were priced out of care. But, Obamacare changes that. The law alters the way that health plans can use an individual’s demographic and health information when setting premiums through the creation of new premium rating rules. This allows for a more even distribution of costs across all enrollees within the individual, non-group market (the market you buy coverage in if you don’t get it through your employer).
A recent New York Times editorial explored the exciting potential of allowing alternative health providers give patients routine care. This step could help meet the growing demand for primary care services as we face a shortage of primary care physicians in many areas. And, it could save both consumers and the health system money.
On Tuesday, Congress passed a deal to avert the “fiscal cliff.” It passed both the Senate and the House with large majorities. The deal did not cut Medicaid or Medicare benefits.
This piece by Ezekiel J. Emanuel was originally posted in The New York Times Opininoater section.
It is conventional wisdom that end-of-life care is an increasingly huge proportion of health care spending. I’ve often heard it said that people spend more on health care in the year before they die than they do in the entire rest of their lives. If we don’t address these costs, the story goes, we can never control health care inflation.