Becker's Healthcare June 23, 2022
CMS Administrator Chiquita Brooks-LaSure said “time is of the essence” for Congress to extend ACA subsidies, MarketWatch reported June 22.
If the subsidies are not extended, more than 10 million people will see their premium tax credits reduced or lose them entirely, according to the report. About 3 million people could lose coverage.
Ms. Brooks-LaSure said that CMS wants to make sure that people know the subsidies will be in place by the start of Nov. 1 open enrollment period, according to the report.
If lawmakers act by midsummer, marketplaces and insurers...
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