Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Health and Wellness > $10 Short? No Health Insurance For You
Health and Wellness

$10 Short? No Health Insurance For You

Last updated: April 16, 2025 7:47 am
Share
 Short? No Health Insurance For You
SHARE

The Affordable Care Act, also known as Obamacare, has provided millions of Americans with subsidies to cover the cost of health insurance. These subsidies have allowed some individuals to receive coverage for free, with the federal government covering their monthly premiums in full. However, recent plans by Republicans to reduce or eliminate these subsidies could have significant consequences for many Americans.

A study conducted in Massachusetts found that even a small increase in monthly premiums, from $0 to less than $10, resulted in approximately one in seven people losing their insurance coverage. This raises the question of how such a minimal change in cost could lead to a loss of coverage for so many individuals.

While one might assume that the issue lies in affordability, as many subsidy recipients have incomes near the federal poverty level, this explanation falls short. Those who lost coverage due to the slight increase in premiums could have opted for a slightly less expensive plan and still received their coverage for free. This is because the federal subsidy is tied to the cost of the second cheapest “Silver plan” in the individual’s local marketplace.

Behavioral economics theories, such as the impact of free offers and the power of defaults, also fail to fully explain the loss of coverage. While these factors may influence decision-making to some extent, they do not account for why a $5 or $10 increase in premiums would result in individuals losing their insurance.

The true reason behind the loss of coverage lies in the payment process for Obamacare plans. Unlike employer-sponsored insurance, Medicare, or Medicaid, where premiums are automatically deducted from paychecks or benefits, individuals with Obamacare plans must arrange for their premiums to be deducted from their checking or savings accounts. This poses a challenge for many low-income individuals who may be unbanked and lack access to traditional banking services.

See also  Most Viral Anti-Aging Techniques Aren’t Backed By Science; Here’s What Skin Experts Actually Recommend

As a result, when premiums increase from $0 to a nominal amount, individuals may struggle to make the necessary payment, leading to a loss of coverage. The Trump administration should address this issue by offering a grace period for individuals who miss their premium payments in January and providing options for automatic premium deductions or switching to a free plan.

It is crucial to ensure that no American is at risk of losing their coverage due to a simple oversight or financial barrier. By addressing the challenges faced by subsidy recipients in paying their premiums, we can work towards a healthcare system that is accessible and equitable for all individuals.

TAGGED:HealthInsuranceShort
Share This Article
Twitter Email Copy Link Print
Previous Article Liam Gallagher Will Be Forced To Reveal Details Of His Fortune In Lovechild Case Liam Gallagher Will Be Forced To Reveal Details Of His Fortune In Lovechild Case
Next Article It’s time to tune in to the Great Moose Migration livestream It’s time to tune in to the Great Moose Migration livestream
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Man fatally stabbed 71-year-old panhandler outside Englewood gas station: prosecutors

25-Year-Old Man Charged with First-Degree Murder in Fatal Stabbing Outside Englewood Gas Station A tragic…

July 29, 2025

BMPS 2025 Round 1: Overall standings and highlights 

The first round of the Battlegrounds Mobile India Pro Series (BMPS) 2025 came to a…

June 3, 2025

Trump’s Make America Healthy Again Commission, Old Wine In New Bottles

President Donald Trump has taken a significant step in addressing America's health crisis by establishing…

February 14, 2025

Massive spoiler on Rey Fenix’s WWE debut on SmackDown

WWE fans are in for a treat as Rey Fenix is set to make his…

April 4, 2025

Lessons from Chinese history – Econlib

The Economist recently offered a compelling review of Johan Norberg's latest work, Peak Human. One…

June 18, 2025

You Might Also Like

Once Again A Blood Pressure Medication Recall For Cancer Concerns
Health and Wellness

Once Again A Blood Pressure Medication Recall For Cancer Concerns

October 31, 2025
Bevel raises M Series A from General Catalyst for its AI health companion
Tech and Science

Bevel raises $10M Series A from General Catalyst for its AI health companion

October 31, 2025
IVF research, FDA vouchers, dementia: Morning Rounds
Health and Wellness

IVF research, FDA vouchers, dementia: Morning Rounds

October 31, 2025
Nearly 1 in 5 urinary tract infections linked to contaminated meat
Health and Wellness

Nearly 1 in 5 urinary tract infections linked to contaminated meat

October 31, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?