MY TURN: More Idahoans now have access to affordable health coverage
Health insurance allows you to live in the moment and be prepared for the unexpected.
Almost 700,000 Idahoans have health insurance coverage through their employer, but many still face unaffordable costs to cover their spouse and children. This problem is known as the "Family Glitch."
In 2010, the definition of affordable employer-sponsored health insurance changed. Whether an employer plan was affordable depended solely on the cost of health insurance for the employee even if the cost of coverage for other household members under the same definition and plan was unaffordable. Not only that, but family members became ineligible to receive a tax credit to use on
But the glitch is getting fixed. Starting in 2023, affordability is now determined separately for employees and families. If a monthly premium for an employee or the entire family exceeds 9.12% of the household income, families may qualify for a tax credit. For example, a married couple that makes
What does this really mean for Idahoans? More people will have access to affordable, quality health coverage, and many may even qualify for a tax credit for the first time ever.
If all these numbers are overwhelming,
No one plans on getting sick, and at some point, everyone needs medical care. Health insurance can help you focus on what's important, like getting better or taking care of your loved ones.
The time is now. Don't wait, Open Enrollment ends
Covered California urges Kern residents to sign up for health care amid increased financial help [The Bakersfield Californian]
Congressional Research Service: 'Bipartisan Safer Communities Act – Section-by-Section Summary' (Part 1 of 3)
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