US Senate Republicans are under renewed pressure to restore the Affordable Care Act premium tax credits after 17 GOP members of the House of Representatives helped Democrats pass legislation to extend the recently expired ACA subsidies by three years. The 230-196 vote — in which five Republicans did not participate — came after GOP Reps. Brian Fitzpatrick (Pa.), Michael Lawler (NY)…
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Tens of millions of Americans are set to see their health insurance costs soar when subsidies under the Affordable Care Act expire at the end of this year. Health insurance premiums are expected to more than double or even triple for some 20 million people, pricing many out of healthcare coverage entirely. “We’ve done nothing as a country to control healthcare costs,” says Elisabeth Benjamin…
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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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After the longest government shutdown in U.S. history, Senate Democrats faltered and ended their standoff with their Republican colleagues. Democrats had initially dug in for the funding fight, they said, to protect subsidies for the Affordable Care Act (ACA). These government tax credits, set to expire at the end of the year, keep health insurance affordable for the millions of Americans who are…
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