Affordable Care Act Round-Up: Insurance Will Cost Less Than $100 a Month
A new report to be released Tuesday by the Department of Health and Human Services reveals that millions of Americans without health insurance will likely pay less than $100 a month.
A new report to be released Tuesday by the Department of Health and Human Services reveals that millions of Americans without health insurance will likely pay less than $100 a month once they are able to sign up for government subsidized health insurance under the Affordable Care Act.
For millions, insurance will cost less than $100/month (USA Today)
- About 6.4 million Americans eligible to buy health insurance through the new health exchanges will pay $100 or less a month for "silver" insurance plans because of tax subsidies.
- About 41.3 million people don't have insurance now, according to the HHS.
- In the 25 states that have chosen to expand Medicaid coverage, 12.4 million uninsured eligible Americans will pay less than $100 a month, the report found. They will either pay nothing or a small premium to take part in Medicaid.
- If the remaining states decided to expand Medicaid to those who earn below 138 percent of the poverty level, about a quarter of the 41.3 million people without health insurance would qualify for Medicaid, tax subsidies or the Children's Health Insurance Program.
SeaWorld to cut hours for part-time workers (The Orlando Sentinel)
- The theme-park owner will reduce hours for thousands of part-time and seasonal workers to 28 hours a week, down from the previous limit of 32 hours a week. The workers will now be classified as part-time under the Affordable Care Act.
- Under the ACA, large employers are required to offer comprehensive and affordable health insurance to all employees who work at least 30 hours a week.