All articles tagged with #premium tax credits
Originally Published 11 days ago — by ABC News
The ACA subsidies that significantly reduce health insurance costs for millions of Americans are set to expire at the end of 2025, potentially causing a sharp increase in premiums in 2026, amid political disagreements over extending these benefits.
Originally Published 2 months ago — by Pennsylvania Capital-Star
Amid the ongoing 40-day government shutdown, Pennsylvania Congressman Brendan Boyle and others oppose a proposed deal that does not address the healthcare crisis, specifically the expiring Premium Tax Credits that could significantly increase health insurance costs for millions, including 500,000 Pennsylvanians. While some Democrats, including Senator Fetterman, support reopening the government, others argue the deal is insufficient without a firm commitment to extend healthcare benefits, highlighting the ongoing political debate and potential impact on healthcare access.
Originally Published 2 months ago — by NPR
The upcoming ACA open enrollment starting Nov. 1 faces uncertainty due to potential expiration of enhanced premium tax credits, which could significantly increase premiums for many enrollees. Consumers should stay informed about legislative developments, update their account information, and carefully compare plan costs, especially if subsidies are not extended. Planning and flexibility are key, as lawmakers may still act to influence premiums and subsidies before the enrollment deadline.
Originally Published 2 months ago — by ABC News - Breaking News, Latest News and Videos
Some Americans are worried that the expiration of enhanced ACA subsidies at the end of 2025 could lead to significantly higher health insurance premiums, potentially forcing many to downgrade coverage or go without insurance, amid ongoing political disagreements over government funding.
Originally Published 3 months ago — by NPR
The current US government shutdown is driven by a dispute over extending enhanced premium tax credits for ACA plans, which help keep health insurance affordable for millions. Democrats oppose a short-term funding bill that doesn't include this extension, citing concerns about rising premiums and coverage loss, while Republicans are divided on the issue. The debate highlights ongoing political battles over Obamacare and the importance of these subsidies for millions of Americans.
Originally Published 3 months ago — by KFF
If the enhanced premium tax credits for ACA Marketplace enrollees expire at the end of 2025, average premium payments could more than double in 2026, with middle- and high-income enrollees facing significant increases due to rising premiums and changes in tax credit calculations, potentially leading to substantial financial burdens for many.
Originally Published 3 months ago — by NBC News
The expiration of Obamacare funding and enhanced premium tax credits is causing political debate in Congress, with Democrats urging for immediate extension to prevent sharp premium hikes and coverage disruptions, while Republicans are hesitant to act quickly, leading to a potential government shutdown and increased uncertainty for enrollees.