House GOP unveils health care plan
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Higher cost, worse coverage: Affordable Care Act enrollees say expiring subsidies will hit them hard
Americans are feeling the strain already with less than three weeks to go until the expiration of COVID-era tax credits that have helped many people pay for health insurance through the Affordable Care Act.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
The Senate will vote this week on a GOP bill to put money in health savings accounts, as well as a Democratic bill to extend the expiring ACA subsidies. Both are expected to fail.
Half of ACA tax credit users are small business owners, employees. The credits are about to expire.
Reporter Rebecca Grapevine breaks down the Affordable Care Act changes with our Ariyl Onstott to explain how ACA credits expiring affects Georgians.
To buy basic coverage through the Affordable Care Act’s marketplace without the tax subsidy that’s set to expire on Dec. 31, Linderman, who lives in Clearwater, Fla., would have to pay roughly $1,500 per month in 2026.
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Affordable Care Act insurance prices expected to rise
Millions of Americans who signed up for the Affordable Care Act will soon see costs double. This comes as two subsidies are set to expire by the end of the year, which has kept prices affordable for many.
The chamber also blocked a Republican bill to give Americans up to $1,500 to spend on health care instead of extending the subsidies.