Bessent says health-care announcement coming this week
The White House plans a two-year Affordable Care Act subsidy extension with new eligibility limits, delayed due to GOP opposition amid concerns of premium cost impact, says Treasury Secretary Scott Bessent.
- The Trump White House is expected to announce a healthcare policy framework that aims to lower costs and extend expiring Obamacare subsidies, according to reports.
- The proposal includes a two-year extension of the expiring enhanced premium tax credits , which would otherwise expire at the end of the year.
- The Congressional Budget Office found that the healthcare reforms could lower premiums by 12.7 percent and reduce costs by $30.8 billion with cost-sharing reduction plans.
- According to data from KFF, premiums for many enrollees are projected to more than double next year if the subsidies are allowed to lapse.
112 Articles
112 Articles
Trump's ACA tax credit plan met with resistance from Republicans in Congress
President Donald Trump appears to have a health care plan one he teased during the debates but pushback from some Republican lawmakers has stalled its rollout.Reports indicated the plan would be announced this week. However, House Speaker Mike Johnson was reportedly part of the opposition to Trumps proposal, which included a two-year extension of certain Affordable Care Act tax credits. That same extension has been the focus of Democratic-led le…
Trump's ACA tax credit plan met with resistance from Republicans in Congress
President Donald Trump appears to have a health care plan one he teased during the debates but pushback from some Republican lawmakers has stalled its rollout.Reports indicated the plan would be announced this week. However, House Speaker Mike Johnson was reportedly part of the opposition to Trumps proposal, which included a two-year extension of certain Affordable Care Act tax credits. That same extension has been the focus of Democratic-led le…
Trump's ACA tax credit plan met with resistance from Republicans in Congress
President Donald Trump appears to have a health care plan one he teased during the debates but pushback from some Republican lawmakers has stalled its rollout.Reports indicated the plan would be announced this week. However, House Speaker Mike Johnson was reportedly part of the opposition to Trumps proposal, which included a two-year extension of certain Affordable Care Act tax credits. That same extension has been the focus of Democratic-led le…
Trump's ACA tax credit plan met with resistance from Republicans in Congress
President Donald Trump appears to have a health care plan one he teased during the debates but pushback from some Republican lawmakers has stalled its rollout.Reports indicated the plan would be announced this week. However, House Speaker Mike Johnson was reportedly part of the opposition to Trumps proposal, which included a two-year extension of certain Affordable Care Act tax credits. That same extension has been the focus of Democratic-led le…
Trump still working on health care proposal, White House says
WASHINGTON — President Donald Trump is still working on a proposal to address a spike in Obamacare health insurance premiums, but the eventual plan may differ significantly from details reported over the weekend, the White House said Monday.
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