The bill builds on the Affordable Care Act (ACA) and would lower health care coverage costs, negotiate for lower prescription drug prices, expand coverage, combat inequity in health coverage faced by communities of color, crack down on junk insurance plans and protect those with pre-existing conditions. This bill comes after the
The bill significantly increases the ACA's affordability subsidies to decrease the cost of health insurance and cover more middle class families. For the first time, no person will have to pay more than 8.5 percent of their income for certain plans on the ACA marketplaces, and many Americans will see their premiums cut in half or more. A family of four in
"We must strengthen the Affordable Care Act to lower health care and prescription drug prices. In the richest country in the world, every American deserves quality, affordable health care,"
In addition, the bill would:
* Lowers health coverage costs - dramatically expanding the ACA's insurance affordability subsidies to cover more middle-class families and to be more generous for those already receiving them. Many enrollees will see their premiums cut by half or more, and for the first time, no one will have to pay more than 8.5 percent of their income for a silver plan in the ACA marketplaces.
* Negotiates for lower prescription drug prices - delivering the power to negotiate lower drug prices so that Americans no longer must pay more for our medicines than Big Pharma changes for the same drugs overseas.
* Expands coverage - pressing Medicaid expansion hold-out states with new carrots and sticks to adopt coverage for the 4.8 million Americans cruelly excluded from coverage, while restoring the outreach and advertising funding that the
* Combats inequity in health coverage faced by communities of color - expanding more affordable coverage to vulnerable populations and fighting the maternal mortality epidemic by requiring states to extend Medicaid or CHIP coverage to new mothers for a full year post-partum.
A fact sheet on the provisions of the Patient Protection and Affordable Care Enhancement Act is available here https://energycommerce.house.gov/sites/democrats.energycommerce.house.gov/files/documents/Affordable%20Care%20Enhancement%20Act%20-%20Fact%20Sheet.pdf.