US EditionCongress Leaves Town Until 2026, Letting Enhanced Obamacare Tax Credits Expire in Two Weeks
About 22 million ACA marketplace enrollees face significant premium and out-of-pocket cost increases after subsidies expire, impacting older, middle-income, and small business workers.
- Enhanced premium tax credits set to lapse on Dec. 31, removing financial help and risking steep premium increases for around 22 million Americans who purchase coverage through ACA exchanges.
- Senators last week rejected a clean three-year extension, and a House discharge petition now has 218 signatures but must wait seven legislative days before a vote.
- In practical terms, enrollees will face higher premiums, with some states seeing increases of $10,000 or closer to $20,000, says Matthew McGough, policy analyst at KFF.
- Once the credits lapse, millions of Americans may lose coverage as premium spikes and higher cost-sharing take effect, and House Democrats urged a last-minute vote; Pete Aguilar, Democratic Caucus Chair, said, `We have the votes, we have the momentum.'
- The enhanced subsidies had pushed enrollment to over 24 million in 2025, while Republican lawmakers seeking reforms such as income caps and minimum monthly payments oppose extensions without changes.
59 Articles
59 Articles
Republicans blow past ObamaCare deadline but don’t slam door on deal
Republicans in Congress are jumping off the ObamaCare cliff as they leave Washington without a deal to extend enhanced subsidies for millions of Americans. But the door to a bipartisan deal hasn't been completely shut, and it may not be too late to reverse that increase if a deal is passed early next year, according [...]
Congress leaves town until 2026, letting enhanced Obamacare tax credits expire in two weeks
Congressional Republicans have sent lawmakers home for the holidays without voting to address the Obamacare subsidies cliff that will hit millions of Americans on New Year’s Day — infuriating some of their own rank and file.
InsideNoVA.com
The Door Is Closing on ‘Enhanced’ Affordable Care Act Subsidies
Dec. 31 will mark more than the end of 2025. Barring a holiday miracle, enhanced subsidies that have enabled millions of Americans to afford health insurance through the Affordable Care Act marketplace will also end when the clock hits midnight.The…
With Affordable Care Act subsidies set to expire soon for millions of Americans, what happens next?
In about two weeks, Affordable Care Act subsidies are set to end with no agreement over extending them. So, what does this mean for the millions of Americans who have a premium tax credit? And is there anything people can do to save money? Related stories 4 Republicans defy Speaker Johnson to force House vote on extending ACA subsidies Higher cost, worse coverage: Affordable Care Act enrollees say expiring subsidi…
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