This week, President Donald Trump indicated that he may veto legislation that aims to extend tax credits for people on the Affordable Care Act’s (ACA) marketplace, if such legislation reaches his desk. The credits, which are used to assist with paying for health care premiums, were originally established during the coronavirus pandemic, to allow more people to take part in the marketplaces…
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“Starting next year, American drug prices will come down fast and furious and will soon be the lowest in the developed world,” President Donald Trump claimed Friday as the White House announced agreements with nine pharmaceutical manufacturers. The administration struck most favored nation (MFN) pricing deals with Amgen, Bristol Myers Squibb, Boehringer Ingelheim, Genentech, Gilead Sciences…
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Four Republican lawmakers have signed onto a Democratic-led discharge petition, which aims to force a vote on a bill that would restore tax credits for millions of Americans who receive health insurance through the Affordable Care Act (ACA). Those tax credits, initially instituted during the COVID-19 pandemic, allow for more people to access the program, insuring more Americans as a result.
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Speaker of the House Mike Johnson (R-Louisiana) announced on Tuesday that the House of Representatives will not hold a vote by the end of this year on extending tax credits for qualified Affordable Care Act (ACA) recipients who receive insurance through the program’s marketplaces. The decision not to hold a vote means that the expiration of the tax credits — which will result in tremendous…
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On Thursday, two versions of legislation aimed at addressing a looming premium rate hike for participants on the Affordable Care Act’s (ACA) marketplaces — one offered by Democrats, the other by Republicans — were blocked by Senate filibusters. During the pandemic, tax credits were offered to qualifying individuals and families to allow more access to the marketplaces. Those credits are set…
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A new survey of Americans currently enrolled in the Affordable Care Act (ACA) marketplace finds that most would not be able to afford even modest increases in costs. The poll comes as tax credits intended to help some on the program afford their health expenses are just weeks away from expiring. According to KFF, which administered the poll, if no action is taken to remedy the situation…
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