Bill 117 HR 369, also known as the Health Care Affordability Act of 2021, aims to address the issue of rising healthcare costs in the United States. The bill focuses on making healthcare more affordable for all Americans by implementing various measures.
One key provision of the bill is the expansion of subsidies for individuals purchasing health insurance through the Affordable Care Act (ACA) marketplace. This would help lower-income individuals and families afford health insurance coverage. Additionally, the bill seeks to cap out-of-pocket expenses for prescription drugs, ensuring that individuals are not burdened by high medication costs.
Furthermore, the Health Care Affordability Act of 2021 includes provisions to increase funding for community health centers, which play a crucial role in providing healthcare services to underserved populations. This funding would help improve access to care for those who may not have insurance or face barriers to receiving medical treatment.
The bill also addresses the issue of surprise medical billing, which occurs when patients receive unexpected bills from out-of-network providers. The Health Care Affordability Act of 2021 aims to protect patients from these surprise bills by implementing measures to ensure that individuals are not financially burdened by unexpected healthcare costs.
Overall, Bill 117 HR 369, the Health Care Affordability Act of 2021, seeks to make healthcare more affordable and accessible for all Americans. By addressing issues such as rising healthcare costs, prescription drug expenses, and surprise medical billing, the bill aims to improve the overall health and well-being of individuals across the country.