HR 10188
Capping Costs for Consumers Act of 2024
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Bill overview
The Capping Costs for Consumers Act of 2024 modifies the Affordable Care Act to adjust cost-sharing reductions for health insurance plans offered through the Health Insurance Exchanges. Specifically, it changes the income thresholds used to determine eligibility for these reductions, increasing the percentage of costs covered for certain income levels starting in 2026. The bill also makes adjustments to state basic health programs, prioritizing gold plans over silver plans in determining coverage options for low-income individuals.
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Primary sponsor
Cosponsors
Kathy E. Manning
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