New US act makes healthcare insurance affordable for all, report shows

27th April 2011

Ninety per cent of Americans will be able to afford health insurance following the passing of an act last year, according to the authors of an affordability study.

The new Commonwealth Fund Report found that the vast majority of Americans living above the federal poverty line will be able to access proper healthcare, after the introduction of the Affordable Care Act.

Researchers Jonathan Gruber and Ian Perry looked at consumer spending data and the cost of health insurance premiums to compile the report Will The Affordable Care Act Make Health Insurance Affordable?

The pair discovered that the act, which was brought in by the Obama regime in March 2010, will still see some people unable to afford basic packages, but most will have room in their budgets.

Some people may also struggle with high out-of-pocket costs.

Mr Gruber said: "Our analysis is promising, as the vast majority of people will be better off because of the premium subsidies and cost-sharing limits in the Affordable Care Act."

The Affordable Care Act was one of a package of health reforms brought in last year, which aimed to make care more affordable and insurers more accountable.

By Philip Briggs

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