President credits relief subsidies for increasing health care coverage, pledges to add 7 million more to insurance rolls
Lower premiums from Covid relief subsidies have helped nearly 3 million more Americans have get access to reliable health insurance through the Obamacare program, President Biden said Tuesday, even as the pandemic continued to claim more than 1,500 lives a day, largely among unvaccinated people in the Southern U.S.
“That’s 2.8 million families who will have more security, more breathing room, and more money in their pocket if an illness or accident hits home,” Biden said in a statement released by the White House. Altogether, 12.2 million Americans are actively enrolled in coverage under the Affordable Care Act—an all-time high.
Americans who purchase their coverage through the Affordable Care Act have seen their premiums decrease an average of $67 a month—which is more than $800 each year that can go to groceries, child care, or other essentials, the president said.
“These numbers are encouraging, but we have more work to do to drive down the cost of health care for all Americans,” he added, urging Congress to pass his $3.5 trillion economic recovery package that would lower prescription drug costs by letting Medicare negotiate drug prices; provide health care premium tax cuts for nine million Americans, and ensure health coverage for an additional seven million people..
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