Individual subsidies – or individual affordability credits – are included in the health reform legislation to help ensure the goals of the legislation’s individual mandate. Legislation provides premium subsidies on a sliding scale to eligible individuals and families with incomes up to four times the federal poverty level to help them purchase coverage through the health insurance exchanges.
Related terms: individual affordability credits, individual subsidies
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"Mr. and Mrs. Romney might ponder why so many people whose lives have been altered by chronic disease and disability become passionate supporters of health reform. Some of these advocates directly experience medical-economic hardship. Others have not faced the most punishing financial consequences." More...
Robert Greenstein, President of the Center on Budget Policy and Priorities (CBPP) dubbed Ryan's proposal "Robin Hood in reverse – on steroids. It could likely produce the largest redistribution of income from the bottom to the top in modern U.S. history." More...