The proposed fix would help 200,000 uninsured people gain health care coverage, according to the Biden administration.
The Biden administration is taking action Tuesday designed to fix what's become known as the"family glitch" in the Affordable Care Act , the nation's health care law.
Under the current law, families may only obtain health insurance through the ACA's marketplace if they would be forced to spend more than about 10% of their income through their employers or other programs.
A new rule proposed by the Treasury Department would enable family members who must pay more than 10% of their income for health care coverage to get financial help under the ACA, according to a senior Biden administration official. "As a result, 200,000 uninsured people are expected to gain coverage and nearly a million more are expected to see lower premiums every day," the official told reporters on a background call.
The rule wouldn't go into effect until January 2023, and the official couldn't say how much it will cost the government to fix the so-called"family glitch" or how the government would be paid for it. According to the official, President Biden will sign an executive order directing agencies to do everything within their power to make health care more accessible and affordable.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GOP Rep. Donalds on Hunter Biden Laptop: 'Joe Biden Knows Exactly What Is Going on'Monday on FNC's 'Fox & Friends,' Rep. Byron Donalds (R-FL) called for the investigation of Hunter Biden's laptop if the GOP takes control of the House in the midterm elections. | Clips
Read more »
Biden admin plots fix to Obamacare's 'family glitch,' expand coverageThe Biden administration plans to propose a change to the Affordable Care Act tomorrow that would close a loophole preventing about 5 million people from qualifying for subsidized health plans.
Read more »
Biden admin agencies refuse to answer, 'What is a woman?'A handful of Biden administration federal agencies were unable to define the meaning of the word 'woman' – in some cases, even in relation to their own uses of terms such as 'women's health' – when asked by Fox News Digital.
Read more »
'Mindless' killing in Ukraine won't stop until Biden changes strategyRussia and Ukraine both know they can't achieve their military goals, but the U.S., focused on punishing Putin, isn't moving to broker a deal.
Read more »
Biden cites economic gains, but voters see much more to doPresident Joe Biden is turning his focus to kitchen-table issues as he struggles to get credit for a recovering economy in the lead-up to the midterm elections.
Read more »