Biden announces final rule to fix Affordable Care Act’s ‘family glitch’

President Joe Biden announced that the Treasury Department is finalizing a fix for the “family glitch” in the Affordable Care Act, which will allow more than 1 million Americans to gain or have more affordable insurance starting Nov. 1.The Biden administration previously proposed the fix this past April, noting that the glitch impacts around 5 million Americans due to regulations that make quality health insurance plans unachievable.“Because of this glitch, employer-based health insurance has been considered ‘affordable’ if the coverage is affordable for theRead More

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