MedPage Today December 11, 2025
Associated Press

Costs are set to rise for millions of Americans

The Senate on Thursday rejected legislation to extend Affordable Care Act (ACA) tax credits, essentially guaranteeing that millions of Americans will see a steep rise in costs in 2026.

Senators rejected a Democratic bill to extend the subsidies for 3 years and a Republican alternative that would have created new health savings accounts — an unceremonious end to a months-long effort by Democrats to prevent the COVID-era subsidies from expiring on Jan. 1.

Ahead of the votes, Senate Democratic Leader Chuck Schumer of New York warned Republicans that if they did not vote to extend the tax credits, “there won’t be another chance to act,” before premiums rise for many people...

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