Stabilization Act of 2019”
Jonathan Keisling, Health Care Policy Analyst
Many of the Medicare buy-in bills written in the
last year and a half include far more than the introduction of a public option
offered through the Affordable Care Act’s (ACA) exchanges. Consider H.R. 1346,
“The Medicare Buy-in and Health Care Stabilization Act of 2019”: This bill
allows individuals aged 50 to 64 to buy into Medicare using ACA premium tax
credits and cost-sharing reduction subsidies (if they qualify), while also
providing new funding for reinsurance. The AAF Center for Health and Economy’s
plan-choice model found that H.R. 1346’s funding for reinsurance and increased
cost-sharing reduction subsidies make up the bulk of its projected $184 billion
of increased spending. Despite this increase in spending, net enrollment is
only projected to increase by 500,000 by the year 2029, reducing the uninsured
rate by 0.2 percent.
https://www.americanactionforum.org/weekly-checkup/is-a-medicare-buy-in-plan-viable/#ixzz65eGn9qgI
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