Votes came as premium tax credits for estimated 21.8 million enrollees of plans set to expire at end of month
The US Senate on Thursday rejected competing proposals to address the imminent expiration of subsidies for Affordable Care Act health insurance plans, greatly increasing the chances that healthcare costs will soon rise to unaffordable levels for millions of Americans.
The votes, part of a deal brokered between Republican majority leader John Thune and the Democratic senators who agreed to reopen the government after a historically long shutdown last month, came as premium tax credits for an estimated 21.8 million enrollees of the plans are set to expire at the end of the month. Health policy research group KFF estimates that annual premiums will more than double if the subsidies are allowed to expire.
Continue reading...
Cracks forming in Democrats’ demand for 3-year ObamaCare extension
Cracks are forming in the Democrats’ demands for extending ObamaCare subsidies. For weeks, House Democratic leaders have championed a “clean” three-year extension of the Affordable Care Act (ACA) tax credits, pressing centrist Republicans to sign their discharge petition to force the bill to the floor over the opposition of GOP leaders. Most rank-and-file Democrats have...
Senate to vote on dueling health care proposals as ACA premium hikes loom
The Senate is set to vote on dueling health care proposals. Both plans are likely to fail, even as Affordable Care Act premiums are set to skyrocket at the end of the year.
(Image credit: Heather Diehl)
Senate poised to reject extension of health care subsidies as costs rise for many
The Senate is poised to reject legislation to extend Affordable Care Act tax credits for millions of Americans
Republicans launch long-shot revolt against leaders on ObamaCare
Moderate and vulnerable Republicans are attempting a long-shot revolt against their leaders in the House over health care. They are trying to force a vote to extend the enhanced ObamaCare subsidies that GOP leaders are declining to bring up — and that moderates warn will cost Republicans in the midterms. House Republican leaders said Wednesday...
House GOP health care package will exclude ACA subsidy extension
House GOP leaders will bring a vote next week on a package of health care bills that does not include an extension of expiring ObamaCare enhanced subsidies, as Republicans remain divided about how to address the health care cliff ahead of a midterm election year. Speaker Mike Johnson (R-La.) told reporters the legislation will comprise...
Watch live: Schumer, Senate Dems give remarks on rising health care premiums
Senate Democratic Leader Chuck Schumer (N.Y.) is holding a press conference Wednesday morning in support of extending health care subsidies under the Affordable Care Act as insurance premiums are set to rise in 2026. The upper chamber of Congress is expected to vote Thursday on a GOP proposal to replace the enhanced subsidies — which would include...
Watch live: House Democrats give remarks amid fight over ObamaCare subsidies
House Democratic leaders will speak with reporters Wednesday morning as the fight over health care premiums enters a critical stage. Affordable Care Act subsidies — tax credits that help make insurance costs cheaper for lower-income Americans — are set to expire after the most recent extension lapses at the end of the year. Democrats and...
Sanders concerned ACA subsidies will not be extended before New Year: ‘It’s a tragedy’
Sen. Bernie Sanders (I-Vt.) expressed concern that Affordable Care Act (ACA) subsidies will not be extended before the end of this year. “It’s a tragedy,” Sanders told host Kaitlan Collins on CNN’s “The Source.” The Vermont progressive added that Americans “are not prepared” for the ramifications if the subsidies expire, which they are set to...
GOP senator expects ObamaCare subsidies to expire: ‘Some people’s premiums are going to go up some’
Sen. Roger Marshall (R-Kan.) said Tuesday that he expects Affordable Care Act (ACA) subsidies to expire and that “some people’s premiums are going to go up some.” “Remember, ObamaCare was created with only Democrat votes through reconciliation. So, I expect these subsidies to expire, but we're very willing to try to fix it,” Marshall said...