Biden’s COVID Bill Fixes Obamacare’s Biggest Flaw

Posted on AllSides March 11th, 2021
From The Left
ANALYSIS

Among its many accomplishments, the $1.9 trillion coronavirus relief legislation that President Joe Biden signed Thursday afternoon will quietly rectify what has long been one of the most glaring flaws and nagging political liabilities in the Affordable Care Act.

And it turns out that the fix was pretty dirt cheap.

Under Obamacare’s original design, many middle-class Americans were never eligible for government help to buy insurance on the law’s exchanges. Subsidized coverage was only available to households that earned less than 400 percent of the federal poverty line—which currently works...

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https://slate.com/business/2021/03/covid-relief-bill-obamacare-fix-subsidy-cliff.html

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