Thread by @cynthiaccox

NEW on House COVID Relief:

•3.4M+ people would be guaranteed $0 plans with deductibles under $200

•8M ppl are subject to full-priced premiums now. Many in the subsidy cliff would save $500/month

•States with biggest savings include WY, NE, WV, SD

kff.org/health-reform/…

2/ Under the House proposal, most of the ~14 million people buying on the individual market and the ~15 million uninsured people who could be on the ACA Marketplace would see lower ACA premiums. That savings could be used to get lower deductible plans, too.

3/ The House COVID Relief proposal would yield big savings for the older adults buying ACA Marketplace plans, particularly those above 4x the poverty rate (~$52k single income).

But the zero-premium low-deductible plans for low-income people are at least as big of a game changer

Of course, this all costs money - $34B over 10 years - and it's not clear how many uninsured people will take up the additional financial help. As it is now, most of the uninsured are already eligible for subsidies or Medicaid. CBO expects ~1.7 million people to join Marketplace.

The proposal addresses common criticisms of the ACA (high premiums for those in subsidy cliff and high deductibles for lower-income people) and includes $ incentives for states to expand Medicaid. But it's temporary. If Congress wants to make permanent, they'll need to find the $