US EditionModerate House Dems, GOP release ‘principles’ for ObamaCare subsidy extension
Bipartisan House lawmakers propose a two-year ACA premium tax credit extension with income caps between $200,000 and $400,000 to prevent premium spikes amid government shutdown.
- On Monday, Don Bacon, R-Nebraska, Tom Suozzi, D-New York, Jeff Hurd, R-Colorado, and Josh Gottheimer, D-New Jersey released a statement proposing a two-year extension of Affordable Care Act Enhanced Premium Tax Credits with income caps phased out between $200,000 and $400,000.
- With the government shutdown beginning Oct. 1 and open enrollment starting Nov. 1, lawmakers warn that gridlock is increasing pressure to resolve ACA subsidies now.
- The proposal outlines specific guardrails to stop improper payments, halt subsidies to ineligible or deceased people, hold brokers accountable, and require Affordable Care Act marketplaces to notify recipients and track `ghost beneficiaries`.
- Analysts say without renewal, Connect for Health Colorado warns premiums could double statewide next year, and Colorado Division of Insurance says Western Slope out-of-pocket costs could rise by $20,000 in 2026.
- With uneven GOP backing, the proposal may not satisfy hard-line House Republicans and Rep. Brian Fitzpatrick, R-Pa., did not sign the Monday plan as some oppose tying it to funding.
15 Articles
15 Articles
Aspen Times
Colorado’s Jeff Hurd offers new compromise for extending health care subsidies amid congressional gridlock
A Colorado U.S. House Republican who is among a handful of lawmakers from his party supporting an extension of soon-to-expire health care subsidies is offering a new plan for how the measure can win bipartisan support. U.S. Rep. Jeff Hurd, a Grand Junction Republican representing much of western and southern Colorado, issued a joint statement on Monday alongside other House lawmakers calling for a two-year extension of subsidies for health insu…
While the government's closure continues and negotiations remain stalled, a bipartisan group in the House of Representatives presented a proposal to temporarily extend the expanded subsidies of the Affordable Health Care Act (ACA).The initiative seeks to open a way for discussion on an issue that has blocked talks between Donald Trump's White House and Democrats.Read more]]>
Bipartisan lawmakers unveil compromise plan to temporarily extend ACA subsidies
A group of four moderate, bipartisan lawmakers unveiled a plan to temporarily keep subsidies of the Affordable Care Act, also known as Obamacare, which help people pay for health insurance on the government marketplace. Reps. Don Bacon, R-Neb., Tom Suozzi, D-N.Y., Jeff Hurd, R-Colo., and Josh Gottheimer, D-N.J., released a “statement of principles,” which is currently the only public proposal addressing the future of ACA subsidies since the gove…
Bipartisan House Group Unveils Plan for Extending ACA Subsidies
Four House lawmakers, two Republicans and two Democrats, have released a "statement of compromise" that could lead to an extension on subsidies for the Affordable Care Act. The proposal comes from Reps. Don Bacon, R-Neb., Jeff Hurd, R-Colo., Tom Suozzi, D-N.Y., and Josh Gottheimer, D-N.J. with the hopes that it might end the government shutdown after more than 30 days. "Congress is gridlocked, and too many Americans have lost faith that we can w…
Moderate House Dems, GOP release ‘principles’ for ObamaCare subsidy extension
A quartet of bipartisan House lawmakers on Monday proposed a framework to temporarily extend ObamaCare’s enhanced tax credits that includes a sunset period and an income cap for high earners. The “statement of principles” from centrist Reps. Don Bacon (R-Neb.), Tom Suozzi (D-N.Y.), Jeff Hurd (R-Colo.) and Josh Gottheimer (D-N.J.) represents the only public proposal from... The post Moderate House Dems, GOP release ‘principles’ for ObamaCare sub…
Bipartisan group in House propose framework for extending Obamacare subsidies amid shutdown
Moderate GOP Reps. Don Bacon of Nebraska and Jeff Hurd of Colorado proposed the framework alongside centrist Democratic Reps. Tom Suozzi of New York and Josh Gottheimer of New Jersey.
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