President Joe Biden announced that the Treasury Department is finalizing a fix for the “family glitch” in the Affordable Care Act, which will allow more than 1 million Americans to gain or have more affordable insurance starting Nov. 1.
The Biden administration previously proposed the fix this past April, noting that the glitch impacts around 5 million Americans due to regulations that make quality health insurance plans unachievable.
“Because of this glitch, employer-based health insurance has been considered ‘affordable’ if the coverage is affordable for the