Fierce Healthcare November 15, 2021
Enhanced tax credits and a prohibition on dropping people off Medicaid were able to prevent many people in New York from losing health coverage, a new study found.
The study, published Monday by RAND Corporation, suggests making permanent enhanced subsidies to Affordable Care Act (ACA) coverage could stave off coverage losses in a future pandemic. Congress is considering extending the boosted credits, which currently expire after 2022, but only through 2025.
“Current efforts to enhance tax credits available to help people buy health insurance could make the marketplace more resilient during future economic hard times,” said Christine Eibner, lead author of the study and a senior economist with RAND.
RAND conducted a simulation of coverage loss and insurance enrollment in...