Biden Administration Proposes Obamacare Tweak That Could Help 1.2 Million

The Biden administration is proposing a major policy change that it believes will help 200,000 uninsured Americans get comprehensive health plans while making coverage cheaper for an additional 1 million people.

And it’s something the Biden administration can do on its own, without congressional action.

On Tuesday, the Biden administration is formally proposing new rules that will allow more people to get subsidized private insurance through the Affordable Care Act’s online marketplaces, including HealthCare.gov.

The proposal will have to go through a public comment period and then further review by the Treasury Department, but a senior administration...