Effects of the ACA on insurance affordability for the uninsured in Michigan
January 1, 2014, marked the beginning of new health insurance affordability programs made available through the Patient Protection and Affordable Care Act (ACA). These programs include tax credits to lower premium costs, assistance to reduce out-of-pocket expenses, and an optional state expansion of Medicaid eligibility.
This analysis examines the effects of the ACA’s premium tax credits and cost-sharing reductions on Michigan’s uninsured population. While these two programs do provide financial benefits to many of Michigan’s uninsured, the extent of these benefits will vary due to the socioeconomic diversity of the uninsured population.