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A 2003 Institute of Medicine (IOM) report estimated total cost of health care provided to the uninsured at $98.9 billion in 2001, including $26.4 billion in out-of-pocket spending by the uninsured, with $34.5 billion in "free" "uncompensated" care covered by government subsidies of $30.6 billion to hospitals and clinics and $5.1 billion in ...
The subsidies apply mostly to people who purchase health insurance on the Affordable Care Act marketplaces. Some Medicare recipients are also eligible, but not Medicaid recipients. Read the ...
Numerous studies have shown the target age group gained private health insurance relative to an older group after the policy was implemented, with an accompanying improvement in having a usual source of care, reduction in out-of-pocket costs of high-end medical expenditures, reduction in frequency of Emergency Department visits, 3.5% increase ...
Louise Norris, a health policy analyst at healthinsurance.org, noted that 93% of people who buy health insurance through ACA marketplaces receive enhanced subsidies. A sharp increase in their ...
A new report released by the Congressional Budget Office (CBO) found that if the Affordable Care Act’s (ACA) extended subsidies are allowed to expire at the end of 2025, millions of people will ...
A study published in August 2008 in Health Affairs found that covering all of the uninsured in the US would increase national spending on health care by $122.6 billion, which would represent a 5% increase in health care spending and 0.8% of GDP. "From society's perspective, covering the uninsured is still a good investment.
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