A Targeted Affordability Improvement Proposal: The Potential Effects of Two Nongroup Insurance Reforms Designed to Increase Affordability and Reduce Costs

Brief

A Targeted Affordability Improvement Proposal: The Potential Effects of Two Nongroup Insurance Reforms Designed to Increase Affordability and Reduce Costs

Abstract

This brief presents an analysis of targeted reforms to the Affordable Care Act (ACA). Taken together, the two policies analyzed here would lower federal health spending while improving insurance and medical care affordability for people faced with the full cost of nongroup insurance coverage. The first policy would either introduce a public insurance option offering ACA compliant coverage in the nongroup market or cap private nongroup insurers’ provider payment rates at levels based on those used in the Medicare program. The second policy would extend the ACA’s premium tax credits to eligible people with incomes above 400 percent of the federal poverty level; today, no one with income above this level is eligible for those credits.

Research Area: 

Centers

To reuse content from Urban Institute, visit copyright.com, search for the publications, choose from a list of licenses, and complete the transaction.
LATEST IN Health and Health Policy
To reuse content from Urban Institute, visit copyright.com, search for the publications, choose from a list of licenses, and complete the transaction.