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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