Rep. Tonko, House Approve Bill to Make Health Coverage More Affordable
Congressman
"As America's COVID-19 case numbers continue to hit record highs, our work to ensure all Americans have access to quality, affordable healthcare is more important than ever," Tonko noted. "Protecting and expanding health coverage has long been our priority, and I am proud to stand with my colleagues in the House to advance this critical legislation. We will continue our work to lower health costs and prescription drug prices and ensure our families have the support needed weather this storm."
Among other things, H.R. 1425 significantly increases ACA affordability subsidies to make them more generous and cover more middle-class families. For the first time, no person will have to pay more than 8.5% of their income for a benchmark silver plan in the ACA marketplaces, and many Americans will see their premiums cut in half or more:
* A family of four earning
* A 64-year-old earning
* A single adult with income of
* An adult earning
"The President and his team should be ashamed."
Tonko stood outside the Supreme Court over the weekend in a video condemning the
"The President may not be able to see it from behind the miles of metal fencing he put up around the
OTHER PROVISIONS IN H.R. 1425: the Patient Protection and Affordable Care Enhancement Act
Negotiates for lower prescription drug prices, delivering the power to negotiate lower drug prices so that Americans no longer have to pay more for our medicines than Big Pharma charges 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.
Cracks down on junk plans & strengthens protections for people with pre-existing conditions, reversing the
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).



Rep. Doyle Votes for Patient Protection and Affordable Care Enhancement Act
Rep. Neal Votes to Pass Patient Protection & Affordable Care Enhancement Act
Advisor News
- Trump bets his tax cuts will please Las Vegas voters on his swing West
- Lifetime income is the missing link to global retirement security
- Don’t let caregiving derail your clients’ retirement
- The ‘magic number’ for retirement hits $1.45M
- OBBBA can give small-business clients opportunities for saving
More Advisor NewsAnnuity News
- Human connection still key in the new annuity era
- Lifetime income is the missing link to global retirement security
- ‘All-weather’ annuity portfolios aim to sharply limit rainy days
- Annuity income: The new 401(k) standard?
- Smart annuity planning can benefit long-term tax planning
More Annuity NewsHealth/Employee Benefits News
- Trump admin seeks health-care price transparency
- OID approved in effort to make health coverage more affordable
- MEDICAID COST-SHARING COVERAGE VETO SUSTAINED
- MEDICAID COST-SHARING COVERAGE APPROVED
- DeSantis administration gets pushback for its child health policies
More Health/Employee Benefits NewsLife Insurance News
- AI and life insurance: Fast today, unpredictable tomorrow
- Judge allows PHL policyholders to intervene, denies ‘premium holiday’
- eHealth expands into final expense insurance
- CID hosts info session for PHL Variable policyholders
- ‘Seismic changes’ cloud global economy, analyst says
More Life Insurance News