Healthcare DIVE November 19, 2024
The enhanced premium tax credits will expire at the end of next year without action from lawmakers. Republicans have previously criticized the subsidies’ cost.
Dive Brief:
- Four million people could become uninsured if more generous federal subsidies for health plans on the Affordable Care Act exchanges are allowed to expire after 2025, according to an analysis by the Urban Institute.
- The impact won’t be felt evenly across the country. Nearly 2.5 million of the newly uninsured would live in the 10 states that haven’t yet expanded Medicaid under the ACA, the think tank said.
- Overall, the report estimates the uninsurance rate would increase by 16% and subsidized marketplace coverage would fall 42% if the enhanced premium tax credits...
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