Finance Bill’s Fine Print May Cause Sticker Shock For Some Consumers - Kaiser Health News

Image via Wikipedia

By Julie Appleby, KHN Staff Writer

Proponents of the Senate Finance Committee’s health care bill say the legislation will limit the amount that lower- and middle-income people must pay for health insurance to a maximum of 12 percent of their incomes.

But there’s a catch: The fine print shows that, over time, the premium costs could rise well beyond those caps. That’s because the cost of coverage would shift from a percentage of income to a percentage of the premium, no matter how high the premiums go.
Continue Reading