Balloon Juice | Improving the ACA choice environment : vimar

Balloon Juice | Improving the ACA choice environment


At the Health Affairs Blog, Coleman Drake, Petra Rasmussen and I lay out some of our concerns about the ACA choice environment in the first of a two part blog post series.
The passage of the American Rescue Plan had two major changes to the ACA’s subsidy scheme.  First, people who earned over 400% FPL were eligible for subsidies if the benchmark silver plan was more than 8.5% of their income.
Secondly, and more importantly, the expected household contribution for lower income buyers who were already subsidy eligible decreased dramatically.  Notably, individuals who earned under 150% FPL saw the benchmark premium go from about 4% of income to 0% of income.  A massive number of people are now seeing zero premium CSR-94 Silver plans.

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