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Sen. Shaheen, Senators Reintroduce Legislation to Limit 2021 Out-Of-Pocket Health Care Costs


Jan. 27:
U.S. Senator
Jeanne Shaheen (D-NH) reintroduced her legislation to reverse a damaging rule change made by the Trump administration that increased out-of-pocket costs for millions of Americans and made fewer Americans eligible for the Affordable Care Act s (ACA) premium tax credits, while also causing those who are eligible to receive less in tax credit support. The Trump administration changed the index by which eligibility for the ACA s premium tax credits and maximum out-of-pocket limits are set each year, resulting in a 2.5 percent increase in the maximum out-of-pocket limit in 2020 compared to where out-of-pocket limits would have been under the old indexing factor. This change resulted in a ....

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