27
Apr
11

‘health reform to make health insurance affordable for nearly all families’

Commonwealth Fund: Report finds that 90 percent can afford premiums and costs under Affordable Care Act; out-of-pocket costs will still be a concern for some families

Ninety percent of American families living above the federal poverty level will be able to afford health insurance under the Affordable Care Act, according to a new Commonwealth Fund report by Jonathan Gruber and Ian Perry of the Massachusetts Institute of Technology (MIT).

The report finds that new subsidies available through health insurance exchanges established under the law will make premiums affordable for most families. But the authors also warn that high out-of-pocket costs will likely mean some families will still be unable to afford health-related expenses.

“The Affordable Care Act is very good news for millions of Americans who are struggling to afford health care, going without health insurance, or skipping the care they need because they can’t afford it,” said Commonwealth Fund President Karen Davis. “The new law makes health insurance and health care affordable for nearly all families, and introduces delivery system reforms that have the potential to greatly improve quality and efficiency. If implemented well, new entities like accountable care organizations may bring even greater savings and affordability than this report predicts.”

…..”Our analysis is promising, as the vast majority of people will be better off because of the premium subsidies and cost-sharing limits in the Affordable Care Act,” said Jonathan Gruber….

Full article here

Thank you Blackwaterdog – this is magnifcently encouraging news! 😉


3 Responses to “‘health reform to make health insurance affordable for nearly all families’”


  1. April 27, 2011 at 8:33 am

    Thank for posting this, Chip. This is really the kind of stuff that we must spread like crazy.

  2. 3 Luci1119
    April 27, 2011 at 8:36 am

    Yep, I just posted on my FB.


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