Forbes September 10, 2024
Bruce Japsen

If Donald Trump wins the White House, he’s less likely to support renewing tax credits for Americans to buy health insurance and that’s going to hit older adults who buy individual Obamacare coverage the hardest, a new study shows.

There’s been record enrollment for individual coverage purchased on exchanges under the Affordable Care Act in part because the tax credits have continued and been enhanced to more Americans under the Biden-Harris administration. And that has helped such coverage, also known as Obamacare, to hit record enrollment of more than 20 million Americans this year.

But Trump, the Republican party’s nominee for president, has said he wants to get rid of the ACA and also said more recently it’s “too expensive”...

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Topics: ACA (Affordable Care Act), Congress / White House, Govt Agencies, Insurance
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