Congress failed to extend Obamacare subsidies. This Democrat says Trump can save them
NPR••general
Key Points:
- Millions of Americans face higher health care premiums as Congress allowed Affordable Care Act (ACA) subsidies to expire, but a bipartisan group of senators is working on a compromise to extend enhanced ACA premium tax credits.
- Senator Peter Welch highlighted bipartisan discussions on extending and reforming the subsidies, including potential cost-saving measures like income caps, copays, and penalties for insurer fraud, contingent on President Trump's support.
- The expiration of subsidies has caused significant premium hikes, with some enrollees facing increases from $900 to $3,200 monthly, threatening rural hospitals' revenue and prompting urgency for legislative action.
- In the House, a bipartisan discharge petition backed by some Republicans and Democrats aims to force a vote on a three-year extension of ACA
