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A government shutdown threatens to double health insurance premiums for millions as expired ACA tax credits risk 900% hikes.
With the government shutdown entering its ninth day, Democrats are warning that expired Affordable Care Act tax credits could cause health insurance premiums to more than double for millions, especially as Idaho’s early open enrollment begins October 15.
Sen. Patty Murray and Idaho lawmakers urge Congress to extend the subsidies, citing rising costs and Republican inaction, while Republicans maintain the credits are temporary and deny exaggerating the crisis.
Without action, families, retirees, and small business owners may face unaffordable premiums, with some projections showing increases up to 900%.
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Un cierre del gobierno amenaza con duplicar las primas de seguro de salud para millones de personas, ya que los créditos fiscales ACA vencidos corren el riesgo de aumentos del 900%.