Texas Health Insurance Next Year Changes with New ACA Subsidies

Texas Health Insurance Next Year Changes with New ACA Subsidies, updated 6/7/22, 2:32 AM

Rick Thornton, a Texas health insurance agent, said an estimated 200,000 uninsured Americans would gain coverage they didn’t previously have, and nearly 1 million people would experience reduced premiums.

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Texas Health Insurance Next Year
Changes with New ACA Subsidies
Texas health insurance and the families who
have it could benefit from major changes next
year now that the current administration is
proposing a new rule for Affordable Care Act
subsidy access that addresses a longstanding
glitch with the ACA's regulations pertaining to
the affordability of
According to a report by CNN
workers who don't have
affordable health insurance
options through their jobs can
qualify for subsidized coverage
on the ACA exchanges.
The report further clarified that a work-
based policy is considered affordable
if "It costs the employee less than
roughly 10% of his or her income for
single coverage." If finalized, the rule
would go into effect in January 2023.
On top of that, nearly 1
million people would
experience reduced
premiums.
This includes individuals
and families with health
insurance in Texas.
Rick Thornton, a health insurance broker in
Texas , pointed to the fact that 14.5 million
people signed up for 2022 coverage during the
current administration's open enrollment
period, and President Biden is expected to sign
a new executive order that directs government
officials to continue
This includes providing
educational tools to help
people understand their
options.
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Insurance4Dallas provides a full
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Available via phone, email or fax,
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ealth-insurance-companies-in-
texas/