Republicans, Affordable Care Act and tax credits
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1 in 3 enrollees said they would consider a cheaper plan if premiums double.
As Congress races to decide the future of the Affordable Care Act's enhanced premium tax credits, Iowa's delegation remains divided. Republicans cite fraud risks, insurer windfalls and wealthy households benefiting from subsidies,
Every year, Marijke Stob has at least two doctor’s appointments – checkups that regularly include computed tomography (CT) scans, colonoscopies and bloodwork. Stob had hardly seen the inside of a doctor’s office just a few years ago.
The Enhanced Premium Tax Credit lowers monthly premiums for people who purchase coverage through the ACA marketplace. More than 85% of Maine consumers receive a credit, and state officials estimate that premiums could rise an average of 88% if the enhanced subsidies expire at the end of the year.
Congress returned to session on Monday with uncertainty about the enhanced Affordable Care Act premium subsidies, which expire on Dec. 31.
Republican congressman Mike Lawler emphasized the need for bipartisan action to extend enhanced Affordable Care Act premium tax credits, warning that failure to act could lead to higher health insurance costs for Americans on the open exchange.
Health insurance costs are increasing in Florida. Here's how Floridians using marketplace coverage could be impacted.