Joseph Robinette Biden, Statement by President Joseph R. Biden… (2021)
“ Getting more Americans covered is an important part of the equation — but we also need to lower health costs. Last week, the House of Representatives passed my American Rescue Plan, which includes big steps to drive down people’s premiums and expand access to care for all Americans, including those who have lost their employer plans. This plan will increase federal subsidies and decrease premiums in order to ensure that no one ever pays more than 8.5 percent of their income on health coverage — though most Americans will pay far less. ”
