Monthly health care premiums set to double for many Americans
Monthly health care premiums set to double for many Americans
The political stand-off in the nation’s capitol is forcing millions of people to pay more for health care, food and child care. Low income families are going to be hit hardest. Shanelle Kaul is in New York to explain.
Read the full article on CBS Politics
Truth Analysis
Analysis Summary:
The article's central claim about healthcare premiums potentially doubling for some Americans is supported by multiple sources, contingent on the expiration of ACA subsidies. The article exhibits a moderate bias by framing the issue as a direct consequence of political gridlock and focusing on the negative impact on low-income families.
Detailed Analysis:
- Claim: Monthly health care premiums set to double for many Americans.
- Verification Source #1: KFF.org states that ACA Marketplace premium payments would more than double on average next year if enhanced premium tax credits expire.
- Verification Source #2: Americanprogress.org indicates that health insurance premium costs will more than double for millions of Americans unless Congress acts.
- Verification Source #4: BBC.com reports that some Americans could see their monthly cost of insurance set to double if Obamacare subsidies expire.
- Verification Source #5: CBPP.org notes that health insurance costs will rise steeply if premium tax credit improvements expire.
- Assessment: Supported. Multiple sources confirm the potential for premiums to double if ACA subsidies expire.
- Claim: The political stand-off in the nation's capitol is forcing millions of people to pay more for health care, food and child care.
- Verification Source #1: KFF.org discusses the potential expiration of enhanced premium tax credits, but does not directly attribute it to a 'political stand-off'.
- Verification Source #2: Americanprogress.org mentions the need for Congress to act, implying a political element, but doesn't explicitly state a 'political stand-off'.
- Assessment: Partially supported, but framed with bias. While the expiration of subsidies is a political issue, attributing it directly to a 'political stand-off' is a biased interpretation. The sources confirm the potential for increased costs, but not the direct cause.
- Claim: Low income families are going to be hit hardest.
- Verification Source #1: KFF.org states that the ACA has capped how much subsidized enrollees pay for their health insurance premiums at a certain percent of their income, implying that low-income families who receive subsidies would be significantly affected by their expiration.
- Verification Source #2: Americanprogress.org notes that premium tax credits help lower the cost of comprehensive insurance coverage for more than 20 million people, suggesting that low-income individuals relying on these credits would be disproportionately affected.
- Assessment: Supported. Low-income families relying on ACA subsidies would be significantly impacted by their expiration.
Supporting Evidence/Contradictions:
- KFF.org: "ACA Marketplace premium payments would more than double on average next year if enhanced premium tax credits expire."
- Americanprogress.org: "Health insurance premium costs will more than double for millions of Americans unless Congress acts."