'Trouble in Paradise': GOP Plan to Reopen DHS Is Looking a Little Shaky
Pam Bondi Reportedly Isn't the Only One on the Chopping Block
AI-Powered Schools Might Be Coming to Your Neighborhood
Cinematic History Is the Kryptonite of 'Supergirl' Lead Actress Milly Alcock
Jim Acosta Proudly Delivers Toilet Content, and Trump's War Speech Sees the Press...
Will Gov. Spanberger Ignore Detainers for These Violent Criminal Illegals? ICE Is Warning...
Fewer Than Half the Number of Guns Turned in Than Canadian Government Expected
BBC Radio Should Have an IQ Requirement for Its People, Apparently
Watch an Old Clip of Charlie Kirk Debating a Student on Birthright Citizenship
Stephen A. Smith Explains Why He Regrets Voting for Kamala Harris
New CNN Poll: Even Democrats Are Done With Democrats
The White House's New Fraud Task Force Takes Down It's First Target in...
Massachusetts Democrat Wants to Tap Millionaire’s Tax to Fund Legal Defense of Illegal...
Multi-State Team Rehabilitation Services Settles Alleged Overbilling Scheme for $4.9M
New Jersey Man Charged in Multi-Million Dollar No-Fault Insurance Fraud Scheme
Tipsheet

U.S. House Approves Obamacare Subsidy Extension As Some Republicans Break With Party

U.S. House Approves Obamacare Subsidy Extension As Some Republicans Break With Party
AP Photo/J. Scott Applewhite

The U.S. House voted 224-202 on H.R. 1834, a Democratic bill to extend Affordable Care Act premium tax credits through 2028, with 11 Republicans joining Democrats despite party opposition. 

Advertisement

The Congressional Budget Office estimates that enacting H.R.1834 would increase the number of people with health insurance by 900,000 in 2026, 3 million in 2027, 4 million in 2028, and 1.1 million in 2029, relative to current law. 

The 4 million increase in 2028 would result from changes in several types of coverage: 

  • 6.2 million more people would be enrolled through the health insurance marketplaces established by the Affordable Care Act, 
  • 0.4 million more people would be enrolled in Medicaid and the Children’s Health Insurance Program combined, 
  • 0.5 million fewer people would purchase nongroup coverage outside the marketplaces, and 
  • 2.1 million fewer people would have employment-based coverage. 

Republican party leaders don't want to extend the expensive program because it benefits insurance companies and doesn't prevent those companies to hike premiums after it receives government subsidies. 

A Government Accountability Office report estimates that over 29,000 SSNs in plan year 2023 and nearly 68,000 SSNs in plan year 2024 were used to receive more than one year's worth of insurance coverage in a single plan year. U.S. Rep Tom Barrett, R-Mich, voted against the bill he called a “massive giveaway to big health insurance companies.”

Advertisement

President Donald Trump has previously said that he wants money to go straight to Americans instead of through health insurance companies. 

Advertisement

Editor’s Note: Do you enjoy Townhall’s conservative reporting that takes on the radical left and woke media? Support our work so that we can continue to bring you the truth.

Join Townhall VIP and use promo code FIGHT to receive 60% off your membership.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement