Families may benefit from lower health insurance costs through the Affordable Care Act (ACA). Walgreens Boots Alliance will take full ownership of CareCentrix. Bright Health will stop offering individual and family health insurance plans in nine states.
New Marketplace Tax Credit Rules for Families
The Treasury Department on Tuesday announced new rules that may offer tax breaks for families who purchase health insurance through the marketplace established by the Affordable Care Act, according to the Associated Press. It seeks to fix what is called a “family glitch” where eligibility for the tax credit is determined by the health insurance plan provided by an individual’s job, rather than by the cost of work. Families who were previously ineligible for tax incentives can now apply if they pay a monthly premium of at least 9.5% of her income.
Walgreens Buys Remaining Stake in CareCentrix
The Walgreens Boots Alliance will purchase the remaining 45% stake in CareCentrix for about $392 million, according to Fierce Healthcare. The move comes after he announced last October that the Walgreens Boots Alliance would buy a stake in the company. The deal, which closed at the end of August, is just one of his acquisitions of Walgreens to strengthen its reach in the healthcare space, following his recent purchase of the remaining stake in Shield Health Solutions. CareCentrix currently manages care for over 19 million members in 7,400 locations, providing services such as home nursing, durable medical equipment delivery, home infusions, and home palliative care. .
Bright Health Ends Insurance Plan Offerings in Nine States
According to Forbes, Bright Health Group has stopped offering Personal Care Affordability Acts and Family Health Plans in nine states, meaning hundreds of thousands of Americans will need new coverage next year. increase. Additionally, California and Florida are the only states where Bright Health continues to offer Medicare Advantage plans. The exact number of people affected is unknown, but Bright Health previously predicted that in 2022 he would have 1 million health insurance subscribers.
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