Rick Thornton, a Arlington health insurance agent, said Congress’ passage of the Inflation Reduction Act extends subsidies for millions of Americans who buy individual coverage under the Affordable Care Act.
Dallas health insurance enrollment numbers spike as unemployed workers find c...
Health Insurance in Arlingtion Have Rates Reduced As New Subsidies are Passed
1. Health Insurance in Arlingtion Have Rates
Reduced As New Subsidies are Passed
2. Health insurance in Arlington has
gained never-before-seen favor in
the eyes of insurers and the
millions of Americans who
previously could not afford proper
health insurance coverage.
According to several published reports
out of Washington in early August,
Congress passed the Inflation
Reduction Act and extended subsidies
for millions of Americans who buy
individual coverage under the
Affordable Care Act.
3. These subsidies, which had been temporary,
had a two-pronged benefit of increasing
financial assistance to those who were
already eligible to buy ACA coverage as well
as expanding credits to an increasingly larger
group of middle-class Americans who
previously couldn't afford coverage.
Chiquita Brooks-LaSure, the Administrator of
the Centers for Medicare & Medicaid
Services, said the bill will "Save millions of
people an average of $800 a year on health
insurance premiums." In turn, the health
insurers who sell ACA coverage will also see
a benefit as more people continue to
4. Rick Thornton, an Arlington health
insurance agent , says one of the
biggest reasons why so many people
continue to enroll, and legislation to
extend credits is passed, is because
the Affordable Care Act is working.
Enrollments have skyrocketed over
the past year - especially after the
current administration boosted
subsidies in an effort to significantly
reduce the out-of-pocket expenses of
millions of Americans and their
families.
5. As a result, more Americans have
affordable health insurance in an
age where rising costs and the
pandemic have shifted
perceptions of what is truly
affordable healthcare for all.
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