Pelosi Calls Out Republicans Over Healthcare Subsidies, Says 400K Californians Could Be Priced Out
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Pelosi Calls Out Republicans Over Healthcare Subsidies, Says 400K Californians Could Be Priced Out
"Around 1.7 million California residents could see their premiums double following massive cuts to the Obama-era subsidies under the ACA, with those subsidies expiring on December 31. Open enrollment under Covered California began on November 1 and runs through January 31 but assuming the tax credits expire, state residents are urged to sign up by December 31 to lock in current premiums for 2026."
"If Congress doesn't extend the Affordable Care Act's premium tax credits immediately, hundreds of thousands of families in California will lose their health care, and 1.7 million families will see their costs skyrocket. We must continue to fight for a responsible, bipartisan path forward that reopens the government and keeps health care affordable for the American people."
"Eight Senate Democrats rolled over and a temporary spending bill is making its way to the House today, where it will likely pass. And what's missing from the bill was the Democrats' central demand in this shutdown, which was the extension of Affordable Care Act (ACA) tax credits so that millions of Americans don't see their premiums skyrocket."
Nancy Pelosi promoted Covered California open enrollment and warned that failure to extend Affordable Care Act tax credits could cause massive premium increases and losses of coverage. Around 1.7 million California residents could see premiums double after Obama-era subsidy cuts that expire December 31. Open enrollment runs November 1 through January 31, but residents are urged to enroll by December 31 to lock in 2026 premiums if tax credits lapse. A temporary spending bill lacking Democrats' demanded ACA tax-credit extension advanced after eight Senate Democrats defected and is likely to pass the House.
Read at sfist.com
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