Washington. Congress faces a shrinking window this month to extend COVID-era Affordable Care Act premium tax credits before they expire, risking higher premiums for millions starting January 1. Lawmakers from both parties held closed-door talks and meetings this week but failed to coalesce around a bipartisan solution. Senate leaders scheduled a vote next week after Democrats agreed earlier this month to reopen government in exchange for a healthcare vote. Republican proposals emphasize income limits and fraud safeguards; Democrats warn veterans and low-income enrollees will be harmed. Negotiations continue as the deadline approaches. Based on 7 articles reviewed and supporting research.
Prepared by Lauren Mitchell and reviewed by editorial team.
Millions of Americans, including low- and moderate-income households and veterans, benefited from COVID-era ACA premium tax credits that substantially reduced or eliminated monthly insurance costs.
If the credits expire, millions of marketplace enrollees — including about 267,000 veterans and their families — will face sharp premium increases and higher out-of-pocket costs.
Democratic lawmakers and veterans groups issue warning over expiring tax credits for health insurance
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