The Big Beautiful Bill excludes the extension of enhanced premium tax credits, threatening to make health insurance less affordable. As a result, millions of Americans may lose coverage, leading to a steep increase in the number of uninsured individuals. The Congressional Budget Office forecasts that over four million Americans could become uninsured over the next decade. Furthermore, the absence of premium tax credits will likely raise overall health insurance costs, significantly impacting low- and middle-income families who currently benefit from these subsidies.
The Big Beautiful Bill does not extend the enhanced premium tax credits that made health insurance more affordable. Many Americans could become uninsured due to the expiration of these benefits.
It's estimated that about 92% of current ACA plan enrollees receive premium tax credits, including those enhanced under recent legislation. Without these, health insurance could become significantly more expensive for many.
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