Biden Administration Expands Healthcare Access for 100,000 Young Immigrants
Biden Administration Enables DACA Recipients to Access Federal Healthcare Coverage
In a significant move, the Biden administration has made it possible for over 100,000 young immigrants protected by the DACA program to access federally run healthcare coverage for the first time. Effective from November, this ruling extends healthcare options through the Affordable Care Act (ACA) marketplaces. However, it's important to note that Medicaid remains inaccessible for DACA recipients. Major managed care firms like UnitedHealth, CVS Health, Centene, Cigna, and Elevance Health are offering products in the ACA Marketplaces.
Key Takeaways
- DACA recipients can now apply for federal healthcare coverage through ACA marketplaces.
- The Biden administration's decision impacts over 100,000 young immigrants protected by DACA.
Analysis
The Biden administration's step to provide healthcare access to DACA recipients has the potential to significantly influence the healthcare industry, particularly managed care firms such as UnitedHealth, CVS Health, Centene, Cigna, and Elevance Health. This move opens up healthcare options for a substantial number of young immigrants, presenting both opportunities and challenges for the mentioned healthcare companies.
Did You Know?
- DACA (Deferred Action for Childhood Arrivals) program: An American program that allows certain immigrants who entered the country as minors, and who meet several guidelines, to receive a renewable two-year work permit and exemption from deportation.
- Affordable Care Act (ACA) marketplaces: Also known as health insurance exchanges, are online platforms where individuals and small businesses can purchase health insurance coverage meeting federal government standards.
- Managed care firms in ACA Marketplaces: These are health insurance companies offering health plans through the ACA marketplaces, aiming to provide cost-effective, quality care through a network of healthcare providers such as doctors, hospitals, and clinics. Examples in the article include UnitedHealth, CVS Health, Centene, Cigna, and Elevance Health.