Why Health Insurance is More Affordable for Families on the ACA

Why Health Insurance is More Affordable for Families on the ACA

The Biden Administration and Congress have made health insurance more affordable for millions of families by one specific and necessary shift: eliminating the so-called family glitch, which prohibited family members from enrolling in marketplace plans with lower premiums and cost sharing because one member of the family has an offer of “affordable” employer coverage. The “family glitch” has deprived millions from access to affordable coverage.

Because of the family glitch, millions of low and middle-income families face unnecessarily high insurance costs, and are more likely to be affected because costs as a share of income are significantly greater than for high income families. The glitch likely has an even bigger impact in states with lower median incomes. Workers in these states often pay a higher percentage of wages for combined premium and deductible.

The new administration appears committed to expanding health coverage by strengthening the ACA. Eliminating the family glitch is definitely one way to do this. Family once caught in the glitch could pay 25% or more of their income on premiums, as opposed to the 8.6% maximum retired by the American Rescue Plan.

Protecting your family’s health is priority, but also important is your wallet! It’s important to protect your wallet from unexpected healthcare costs. Thankfully, we can help you select a family health insurance plan that keeps both your family and finances healthy. Interested in purchasing family health insurance or simply would like to learn more? Give us a call — we’re proud to be the top health insurance agency in Coral Springs and Parkland!

Get a FREE Insurance Quote!

FHI Client Testimonials

"Evan was awesome answered all my questions and got me set up on a great plan! I can’t thank him enough. I finally have a plan that will meet my needs!"
Paula Murray Review Photo
Paula M.
Google Review
"Evan was very professional and quick to help! He was also very knowledgeable. I will definitely be working with this business in the future!!"
Gina Tocora Review Photo
Gina T.
Google Review
"Moving from New York to Florida and we’re given Evans name. Evan has been nothing short of professional and knowledgeable health insurance broker."
Susan Price Review Photo
Susan P.
Google Review

Read More Client Testimonials on Our Google My Business Page

FHI Insurance Partners

Cigna Logo
United Healthcare Logo
Aetna Logo
Humana Logo
BCBS Logo