Adjust healthcare prices based on family income.

 

To implement adjustments to healthcare prices for all low income families as well as higher income families in order to

regulate and eliminate poverty and affordability issues for essential healthcare and procedures.This is because many

families are not able to afford healthcare for themselves or their children, even when the necessary care is something

that may seem minor to others. Every citizen should be able to live a healthy lifestyle without the risk of falling into

debt or needing to work more than usual just to pay for their health.

 

According to the Center for Medicare and Medicaid Services, U.S. health care spending grew 7.5 percent in 2023, reaching

$4.9 trillion or $14,570 per person. The average annual cost of owning a home in 2025 is anywhere between $20,000 and

$30,000. If this bill were to pass, lower income families would be able to afford healthcare while still being able to

provide for themselves and live an ideal and healthy lifestyle. Higher income homes would have an increase in pricing,

therefore balancing the cost of both parties.

 

Center for Medicare and Medicaid Services- CMS is the federal agency that provides health coverage through Medicare,

Medicaid, the Children's Health Insurance Program, and the Health Insurance Marketplace.

Income- money received, especially on a regular basis, for work or through investments.

Parties- Groups of people who fit into a category of a political or social basis.

Medicare- a federal health insurance program primarily for people age 65 or older, as well as for younger individuals

with certain disabilities or medical conditions.

Medicaid- a government program in the United States that provides health insurance for eligible adults and children

 

N/A

 

Upon first offence, the administrator of the given healthcare provider will face 1 year in federal prison and a fine of

$100,000 USD, derived monthly from their earnings from citizens’ healthcare prices. Upon 2nd offence, the administrator

will face 3 years in federal prison and monthly fines will increase by 10%.

 

1.5 years after the passing of this bill.