Under these policies, a family of four (two 35-year-old parents and two children) with income of 350 percent of FPL (about $88,500) could save almost $1,900 on premiums with a deductible that is $3,300 lower than under current law.
The analysis shows how each of these incremental steps would affect federal, state, employer and household costs. The authors estimate that these policies collectively would increase total national health care spending on acute care for those below age 65 by 1.8 percent or $39.8 billion in 2020.
About the Urban Institute
The nonprofit Urban Institute is dedicated to elevating the debate on social and economic policy. For nearly five decades, Urban scholars have conducted research and offered evidence-based solutions that improve lives and strengthen communities across a rapidly urbanizing world. Their objective research helps expand opportunities for all, reduce hardship among the most vulnerable, and strengthen the effectiveness of the public sector. For more information specific to the Urban Institute’s Health Policy Center, its staff, and its recent research, visit http://www.urban.org/policy-centers/health-policy-center.