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Making Health Insurance More Affordable for Working Families

This act aims to make health insurance more affordable for working families. It changes how employer-sponsored health coverage is defined as unaffordable, potentially allowing more individuals to qualify for financial assistance with their premiums.
Key points
Expands the definition of unaffordable employer-sponsored health coverage to include family members of an employee.
If the employee's or family's required contribution for a plan exceeds 9.5% of household income, it's not considered "minimum essential coverage," potentially enabling other subsidy eligibility.
These changes apply to tax years beginning after December 31, 2021.
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Additional Information
Print number: 117_HR_7230
Sponsor: Rep. Wild, Susan [D-PA-7]
Process start date: 2022-03-24