By January Angeles and Judith Solomon
The health reform bills that the House and Senate have passed would make health coverage more affordable for millions of low- and moderate-income households. Both bills would provide premium and cost-sharing subsidies for people to purchase coverage through the new health insurance exchange. They would also expand the Medicaid program to cover the lowest-income uninsured. While the House and Senate bills take the same general approach to making coverage more affordable, however, they would have markedly different effects on low- and moderate-income people’s budgets and what they would have to pay for coverage and health services. The Senate bill’s affordability provisions raise concern. The premiums and deductibles that many low- and modest-income families would be charged could squeeze their budgets, leaving them with the difficult choice of paying for health care or paying for other necessities.
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