Explaining Health Care Reform: Questions About Health Insurance Subsidies

(Source – The Kaiser Family Foundation Published: Oct 06, 2023)

Health insurance is expensive and can be hard to afford for people with lower or moderate income. In response, the Affordable Care Act (ACA) provides sliding-scale subsidies that lower premiums and out-of-pocket (OOP) costs for eligible individuals.

This brief provides an overview of the financial assistance provided under the ACA for people purchasing coverage on their own through health insurance Marketplaces (also called exchanges). Continue reading here…

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