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Medicaid coverage gap. Under the public healthcare policy of the United States, some people have incomes too high to qualify in their state of residence for Medicaid, the public health insurance plan for those with limited resources, but too low to qualify for the premium tax credits that would subsidize the purchase of private health insurance.
The Medicare Part D coverage gap (informally known as the Medicare donut hole) was a period of consumer payments for prescription medication costs that lay between the initial coverage limit and the catastrophic coverage threshold when the consumer was a member of a Medicare Part D prescription-drug program administered by the United States federal government.
No. 20-219, 596 U.S. ___ (2022) The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act (PPACA) and colloquially as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010.
March 2010. President Barack Obama signs the Affordable Care Act. The law includes the largest expansion of Medicaid coverage for poor adults in the program’s history. The ACA creates a new minimum standard allowing legal U.S. residents with incomes just above the poverty level to enroll in the program.
While a health insurance co-op is not strictly run by the government, hence not making it a public entity, it has been described by former Senator Max Baucus of Montana, who was the chairman of the United States Senate Committee on Finance until his retirement from the Senate in 2014, as "tough enough to keep insurance companies’ feet to the ...
The share of Americans who had health insurance for all or part of the year in 2023 was 92 percent, a slight drop from the 92.1 percent seen in 2022, according to a report from the U.S. Census ...
Key Takeaways. Health insurers offering Affordable Care Act marketplace plans are proposing a median premium increase of 7% for 2025. These increases are driven by factors like rising prescription ...
Most company-provided health insurance policies starting on or after September 23, 2010, and before September 23, 2011, may not set an annual coverage cap lower than $750,000, [153] a lower limit that is raised in stages until 2014, by which time no insurance caps are allowed at all. By 2014, no health insurance, whether sold in the individual ...