Millions of individuals utilizing Affordable Care Act (ACA) marketplace subsidies are facing the expiration of these credits at the end of the current year. Congressional action on extending these financial aids, which approximately 20 million people rely on for health insurance coverage, remains unaddressed.
Congressional Schedule
The House of Representatives is slated to vote this week on a plan presented by Speaker Mike Johnson. This proposed legislation does not include an extension of the ACA credits.
Republican Stance
Representative Kevin Kiley (R-California) has indicated support for a temporary extension of these credits. In an interview, Kiley described Speaker Johnson's plan as rapidly developed and stated it does not adequately address the immediate financial implications. Kiley commented that individuals depending on ACA credits should not experience increased costs due to legislative delays.
Bipartisan Discussion
Discussions are ongoing within the House regarding potential healthcare cost increases and the feasibility of a bipartisan solution to the issue.