Many North Carolina families are struggling, but a new report from national consumer group Families USA shows that the Affordable Care Act could act as an essential tool for aiding families across the state, particularly those suffering after the Great Recession. The Bottom Line: How the Affordable Care Act Helps North Carolina Families, details how households in NC will directly benefit from the new health care law. Both families with health insurance and without health insurance will benefit from lower deductibles and premiums, substantial new tax credits worth thousands of dollars, and a safety net of Medicaid coverage for families of four earning less than $30,000 a year.
Families in all income brackets below $100,000 a year will see major savings which means increased income for other needs and the security of knowing affordable health insurance is always available. “The Bottom Line” is a valuable report showing exactly how, and how much, North Carolinians will benefit.