Before Expanded Subsidies, ACA Exchange Plans Became Less and Less Affordable for the Middle Class
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Dec 03, 2021
Half of families with incomes between 401% and 600% of the federal poverty level (FPL) would have paid at least 7.7% of their income for the lowest-cost bronze family plan in the Affordable Care Act exchange market in 2015, while they would have paid at least 11.3% of their income in 2019, according to a Health Affairs study. The studied population included families of four with annual incomes of $106,000 to $159,000 in 2021, two-person families with incomes of $69,680 to $104,520, and single adults with incomes of $51,520 to $77,280. Read more
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