Image source: siouxcityjournal.com
Image source: medicareworld.com
The main goal of Biden’s healthcare plan will revamp the Obamacare individual health insurance market, changing it in such a way that it becomes much more affordable for everyone, especially low-income earning households. His policies include investing more on selective plans that have low deductibles rather than lo-priced plans with higher deductibles. These plans will also ensure families and individuals premium subsidies by doing away caps on subsidies for people who earn 400% less than the federal poverty level.
Biden’s healthcare plan will ensure the coverage of 5 million people in states that have yet to expand Medicaid through access to a federal option that’s premium-free. While these may not be the same people that were kicked out of their healthcare plans in the last four years, they, too, will regain coverage eventually through Biden’s healthcare plan.
For Dr. Matt Boente, M.D., Biden’s plan is simple; to tackle issues that people didn’t like in Obamacare to help people in the lower and middle class, the same bracket that has been most affected by the changes made by the Trump administration.