US EditionMillions face skyrocketing health insurance costs unless Congress extends subsidies
Democrats and Republicans debate extending enhanced Affordable Care Act subsidies, which cover 22 million Americans, amid funding talks before the September 30 government shutdown deadline.
- Millions of Americans face skyrocketing health insurance costs if Congress does not extend subsidies that lowered costs for many people under the Affordable Care Act .
- Some Republicans who previously opposed the ACA are now open to keeping the tax credits as their constituents could see steep premium hikes if the subsidies lapse.
- Democrats threaten to shut down the government if Republicans do not extend the subsidies, which were first put in place in 2021 and extended a year later.
48 Articles
48 Articles
Governor Maura Healey, along with 17 other governors, asked Congress to extend Affordable Care Act (ACA) tax credits, which help reduce the cost of health insurance for 336,000 Massachusetts residents.These tax credits, which expire in late 2025, allow health plans to be more affordable. Without their extension, costs could rise to 75%, which would put the coverage of many families at risk.In addition, small businesses could face higher insuranc…
Millions face skyrocketing health insurance costs
WASHINGTON — There’s bipartisan support in Congress for extending tax credits that have made health insurance more affordable for millions of people since the COVID-19 pandemic. But the credits are in danger of expiring as Republicans and Democrats clash over how to do it. Read more...
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Democrats Threaten Shutdown Over ACA Subsidies
Democrats are vowing to block a short-term government funding bill to keep the government open unless Republicans agree to extend billions of dollars in federal health insurance subsidies. "Republicans have to come to meet with us in a true bipartisan negotiation to satisfy the American people's needs on healthcare, or they won't get our votes, plain and simple," Senate Minority Leader Chuck Schumer, D-N.Y., said, The Wall Street Journal reporte…
Associated Press News
Millions face skyrocketing health insurance costs unless Congress extends subsidies
There’s bipartisan support in Congress for extending tax credits that have made health insurance more affordable for millions of people since the COVID-19 pandemic.
Democrats’ Shutdown Gambit: Obamacare Subsidies or Bust
With federal funding set to lapse on September 30, congressional Democrats have drawn a stark line in the sand, refusing to back any stopgap spending measure unless Republicans agree to pump billions back into Affordable Care Act subsidies. Led by Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries, the party’s stance risks plunging the government into another disruptive shutdown, all to prop up a program conservatives…
Democrats Coalesce Around Shutdown Demand
“Top congressional Democrats have agreed on what they will demand of GOP leaders in return for voting to extend government funding this month: Any shutdown-averting deal needs to include health care provisions such as an extension of soon-to-expire insurance subsidies,” Politico reports.
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