Senate rejects dueling health care plans
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The Bipartisan Policy Center estimates that a family of four earning $45,000—who currently has access to a $0 premium plan—would face premiums of about $1,600 a year if the credits expire. A 60-year-old couple earning a little over 400 percent of poverty could see their annual premium climb to roughly $22,600, about a quarter of their income.
With the deadline to address expiring ACA tax credits fast approaching, GOP's John Thune announced that two competing health care plans will get a vote later this week.
Early state data reflects signs of financial strain for people who can’t afford to pay hundreds of dollars more in monthly premiums once enhanced federal subsidies expire at the end of the year.
A Republican call to give Americans cash instead of health insurance subsidies revives an old idea that has left millions with medical debt.
Costs for employer-sponsored health insurance plans outpaced inflation across all states from 2023 to 2024, according to an issue brief.
The issue has caused a rift among Republicans, with healthcare set to be a campaign issue in next year's midterm elections.
The Senate failed to advance two separate partisan bills to address health care costs for people who buy plans on the Affordable Care Act marketplace.
S.D., announced that Republicans would back Sens. Bill Cassidy, R-La, and Mike Crapo's, R-Idaho, plan to convert Obamacare subsidies to HSAs.