Obamacare expanded coverage to millions but faces premium hikes; subsidies' future debated.

The Affordable Care Act (ACA), or Obamacare, has expanded health coverage to 45 million Americans and halved the uninsured rate since 2010. However, enhanced premium subsidies set to expire will lead to a 75% average increase in payments, potentially leaving 2 million uninsured. Extending subsidies would cost taxpayers $335 billion through 2034. Both parties may agree to temporarily extend subsidies while gradually reducing federal support, and states can explore waivers to make coverage more affordable.

3 months ago
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