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Healthcare Affordability: New Rules for Out-of-Pocket Limits and Tax Credits.

This act aims to change how annual maximum out-of-pocket healthcare costs are determined for citizens. It also introduces new rules for how often premium tax credit eligibility is updated. This could make healthcare expenses more predictable and accessible for individuals.
Key points
Changes how maximum annual out-of-pocket healthcare expenses are calculated.
Updates rules for how premium tax credit eligibility is adjusted, based on average employer-sponsored insurance premiums.
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Additional Information
Print number: 117_HR_1790
Sponsor: Rep. Axne, Cynthia [D-IA-3]
Process start date: 2021-03-11