Tag: low income Americans

From Repeal to Rescue: Why Republicans Are Backing Affordable Care Act Subsidy Extensions

Live Insurance News
Affordable Care Act

Republicans Warming to ACA Subsidies Amid Healthcare Challenges A recent Forbes article has brought attention to a growing shift among Republican lawmakers regarding their stance on extending health insurance subsidies under the Affordable Care Act (ACA). Commonly known as Obamacare, the ACA has long been polarizing, but this change signals a recognition of the program’s widespread impact. The subsidies, expanded under the Inflation Reduction Act (IRA) of 2022, have played a crucial role in making healthcare more affordable for millions of Americans. With these provisions set to expire at the…

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Small businesses could face financial hardship because of the Affordable Care Act

Guest Author
Business Insurance

January 1, 2014 is when the majority of the regulations that make up the Obama administration’s landmark health care reform bill known as the Affordable Care Act go into effect. President Obama enacted the ACA as a way to insure that all Americans would receive health care coverage that’s both affordable and comprehensive. In addition to putting health insurance within the grasp of many Americans, the new regulations bar insurance companies from denying coverage to anyone seeking it, or charging more because of age, gender, or medical history. Without a…

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