John Galvin knows he needs a colonoscopy. But he’s waiting to schedule the procedure until December, when he turns 65 and qualifies for Medicare. He was already thinking about delaying it — then his monthly Obamacare insurance premium payment tripled this year to $2,460, about a third of his income, he said. And with a $2,700 deductible, he’d be on the hook for most of the diagnostic exam…
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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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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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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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