Search Results: keywords:"premium tax credits"

  • H. R. 7809 — To establish a State public option through Medicaid to provide Americans with the choice of a high-quality, low-cost health insurance plan.
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    Status:Introduced in House
    Words:5,443

    H.R. 7809, known as the "State Public Option Act," proposes to allow states to offer a public health insurance option through Medicaid, giving Americans access to affordable, high-quality health insurance starting January 1, 2025. The bill enables states to offer a Medicaid buy-in program and...

    Simple Explanation

    The State Public Option Act is a proposed plan that lets states offer a special type of health insurance through Medicaid, starting in 2025, so people can have affordable and good-quality health care, and it includes important coverage like visits to the doctor and medicine.

  • S. 4063 — To establish a State public option through Medicaid to provide Americans with the choice of a high-quality, low-cost health insurance plan.
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    Status:Introduced in Senate
    Words:5,450

    S. 4063, titled the “State Public Option Act,” aims to provide a way for Americans to have access to a low-cost, high-quality health insurance plan by allowing them to buy into a Medicaid plan. This bill intends to create a public option at the state level through Medicaid, offering coverage...

    Simple Explanation

    S. 4063 is a bill that wants to give people a way to buy health insurance that can be cheaper and better by using a special Medicaid plan, like a big safety net. It also makes sure to cover important health services, such as visits to the doctor and other healthy things people might need, with the government helping to pay some of the costs.

  • H. R. 9831 — To amend the Internal Revenue Code of 1986 to exclude certain dependent income when calculating modified adjusted gross income for the purposes of eligibility for premium tax credits.
    Status:Introduced in House
    Words:860

    The bill H.R. 9831, known as the “Dependent Income Exclusion Act of 2024,” aims to amend the Internal Revenue Code to adjust how dependent income is considered when calculating eligibility for premium tax credits. Specifically, it proposes excluding certain wages or...

    Simple Explanation

    The bill wants to change the rules so some money that kids and young people earn doesn't count when their family is checking if they can get a special kind of help to pay for health insurance. This means if young people earn money, it might not stop their family from getting help to pay for health insurance.

  • H. R. 10188 — To expand cost-sharing reductions with respect to qualified health plans offered through an Exchange, and for other purposes.
    Status:Introduced in House
    Words:1,265

    H.R. 10188, titled the "Capping Costs for Consumers Act of 2024," aims to increase assistance for individuals purchasing health insurance through an Exchange by expanding cost-sharing reductions. Starting in 2026, it adjusts the eligibility income brackets and increases the percentage of...

    Simple Explanation

    The Capping Costs for Consumers Act of 2024 is a plan to help people pay for health insurance by making it cheaper for some folks and changing the type of insurance plan that helps people get money back. Starting in 2026, it plans to switch from a "silver" plan to a "gold" plan to decide how much help people get, kind of like upgrading from silver to gold medals to make sure everyone's covered better.