Search Results: keywords:"consumer affordability"

  • H. R. 10438 — To expand cost-sharing reductions with respect to qualified health plans offered through an Exchange, and for other purposes.
    Status:Introduced in House
    Words:1,260

    H.R. 10438, titled the “Capping Costs for Consumers Act of 2024,” aims to increase cost-sharing reductions for health plans sold on insurance exchanges, enhancing affordability for consumers. Beginning in 2026, the bill proposes changing from silver to gold-level plans for calculating these...

    Simple Explanation

    Imagine health insurance plans are like different levels of a treasure chest. This bill wants to help people pay less money when they use their health insurance by giving help based on the fancy gold-level chest, not the middle silver one, starting in 2026.