Obamacare Subsidies Could Be Reportedly Extended As Shutdown Looms — Millions At Risk Of Skyrocketing Premiums If Congress Misses Oct 1 Deal
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The enhanced subsidies under the Affordable Care Act (ACA) may be extended due to a looming government shutdown. With funding set to lapse on Oct. 1, negotiations could determine the fate of these subsidies, which are crucial for millions of Americans facing potential premium increases. Analysts suggest that both parties may support the extension to avoid health insurance issues ahead of the 2026 midterms. Failure to extend the subsidies could lead to a significant rise in out-of-pocket costs for consumers, with estimates indicating a 75% increase in monthly expenses.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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