Hospitals Lose $32 Billion If Congress Doesn’t Extend ACA Tax Credits

Hospitals face $32 billion loss if Congress lets ACA tax credits expire, study says

Hospitals could lose more than $32 billion in revenue next year if Congress allows enhanced premium tax credits under the Affordable Care Act to expire, according to a new study from the Urban Institute.The tax credits, approved in 2021, are set to expire at the end of this year unless Congress acts to renew them. The decision now rests with lawmakers who must choose whether to continue the subsidies or let them lapse.The Urban Institute's analy…

Healthcare is the hill Democrats should die on

The meager collection of congressional Democrats standing outside the Capitol last Thursday belied the gravity of the policy on the agenda: the pending elimination of Obamacare tax credits.   The credits, enacted during the pandemic, raised the income ceiling to qualify for subsidies for anyone purchasing ACA insurance. The extra help from the government led to record enrollment, since 2020, the year before the enhanced subsidies went into effec…

Health providers could lose $32 billion if ACA credits at center of shutdown fight expire

Democrats demand that any stopgap funding measure to keep the federal government open include an extension of the enhanced Obamacare subsidies credits.

Hospitals Lose $32 Billion If Congress Doesn’t Extend ACA Tax Credits

Hospitals, physicians and other medical providers will lose more than $32 billion in revenue next year if Congress doesn’t extend tax credits for those with Obamacare.

Expiration of ACA Tax Credits Could Cost Healthcare Sector $32 Billion in 2026

The expiration of ACA tax credits threatens $32 billion in healthcare revenue, risking coverage for millions and increasing uncompensated care costs.

Jeffries Says Democrats Will Not Compromise On ACA Tax Credits

House Minority Leader Hakeem Jeffries said Democrats will not compromise on their call for making enhanced Obamacare premium tax credits permanent.