Nytimes economix affordable care act1/2/2023 It is a big improvement from the last recession, he said, when he became uninsured for several years after losing his job and getting divorced. Many people who have qualified for government subsidies to buy private plans still face unaffordable co-pays and deductibles. Nearly three million low-income people are ineligible for assistance in the 14 states that have declined to expand Medicaid under the law, including Texas, Florida and others, mostly in the South, where coronavirus cases are now spiking. Yet others have fallen through the holes in the law’s safety net. All three options were made possible by the law. And many jobless 20-somethings have been able to join their parents’ plans. NYTIMES ECONOMIX AFFORDABLE CARE ACT FOR FREEas opposed to those that didn’t.”įour out of every five people who have lost employer-provided health insurance during the coronavirus pandemic are eligible for free coverage through expanded Medicaid programs or government-subsidized private insurance, according to the Kaiser Family Foundation, a nonpartisan health research group. “But it’s not just a test - it’s a national study of what happens in states that implemented the A.C.A. Lee, the executive director of Covered California, the state’s insurance marketplace created under the law. Shortly before midnight, the Justice Department filed a brief asking the Supreme Court to overturn the law, in a case brought by a group of Republican attorneys general.Īs those political and legal battles play out, how the law actually works in the coming months of intense need could go a long way toward determining its durability and future. On Thursday, as the coronavirus pandemic surged and the country reported a daily record in new virus cases, the Trump administration continued the Republican Party’s push to abolish the law. But the crisis has also highlighted fundamental weaknesses with its patchwork system - ones magnified by Republican efforts to undermine and dismantle it, but also seized on by some Democrats pushing for a sweeping overhaul. The law is offering a vast majority of newly unemployed people a path to stopgap health coverage, providing a cushion that did not exist during the last crushing recession - or ever before. The smart move now is to implement it and keep a close watch out for consequences, both intended and otherwise.The Affordable Care Act, the landmark health law that has been a subject of caustic debate for more than a decade, is being tested as never before, as millions of Americans lose their jobs and medical coverage in the midst of the nation’s gravest health crisis in a century. The Affordable Care Act already appears to be moving us in the right direction withįew side effects. Moreover, there’s no question that the United States needs to reform what has been an unsustainably wasteful health care delivery system, which both costs more than in other countries and covers a smaller share But there are good reasons to believe it will be small, and it’s In fact, the two trends hug each other quite tightly,įurther evidence that part-time employment is much where we would expect it to be at this stage of recovery, given the high level and slow decline in the jobless rate.Īt the end of the day, no one’s saying the incentive does not exist or that it won’t show up somewhere down the road in the data. If the law were keeping more than the usual number of full-time workers stuck in part-time jobs, then the predicted trend would be significantly below the actual one. Credit Sources: Bureau of Labor Statistics, author's analysis
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