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The Affordable Care Act was intended to reduce the number of uninsured consumers, but it hasn't required payers to address the underinsured consumers who have coverage but still must pay substantial out-of-pocket costs, according to a New York Times Upshot column.
Insurers hoping to have the option of selling a new plan on the health insurance exchanges just got a boost for their cause: The so-called "copper plans" could reduce federal healthcare spending by $5.8 billion over the next 10 years, according to an analysis released Tuesday from Avalere Health.
Although some insurers and lawmakers would like to add a new level of plans to the federal health insurance exchange, called copper plans, some healthcare experts and consumer advocates remain wary of their benefits, reported Kaiser Health News.
Some insurers, as well as two Democratic lawmakers, are urging the Obama administration to allow the sale of cheaper so-called "copper" plans on the federal health insurance exchange, reported The Wall Street Journal.
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