Biden's COVID-19 relief bill includes an expansion of Obamacare. Here's how it would work

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New insurance subsidies in Democrats’ COVID-19 pandemic relief bill would be the first expansion of Obamacare since its creation in 2010.

A 21-year-old man earning just above the poverty line could purchase a premium-free marketplace plan with a much lower deductible than he qualifies for now.

Controversial when it passed, Obamacare has become more popular, and the pandemic increased the importance of access to health care. The changes would provide the most savings to people at that income level who are older or live in areas with particularly high premiums.in Wyoming, West Virginia, South Dakota, Nebraska, Connecticut or Alabama could save more than 70% on a midrange plan, according to theThe bill would guarantee that people with incomes up to 150% of poverty wouldn’t have to pay any premium for a benchmark midlevel plan, a step up from the higher-deductible plans they can buy with the current subsidies.

Advocates and some analysts said that would buy much-needed help when many household budgets are strained. About 9 million people who are uninsured already qualify for a subsidy but aren’t taking one. Their top reason is cost, according to the Kaiser Family Foundation. “The Medicaid gap is the really greatest inequity in our current health insurance system, and it really needs to be addressed,” Blumberg said.than what it would cost to expand Medicaid. That may not be enough of an inducement “for conservative politicians reluctant to be seen as getting in bed with Obamacare,” said Greg Shaw, a political science professor at Illinois Wesleyan UniversitySome GOP-led states that rejected expansion didn’t do soAlabama Gov.

 

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Yahoo If your working/middleclass & not public union, your deductible will double and costs will rise, .. oh & big pharma owns the Dems, meds going up

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