Affordable Care Act Tax Credits Dispute Affects 24 Million People
The ongoing government shutdown has highlighted the disagreement between Democrats and Republicans regarding the extension of Affordable Care Act (ACA) tax credits.
According to NPR, Democrats want to extend the tax credits before open enrollment begins on November 1, making it a condition for voting to reopen the government. However, Republicans believe there is time to figure this out after the government opens.
Brett Guthrie told WHAS11 in Louisville that they believe the government should reopen before any health care negotiations begin.
This dispute impacts how 24 million people obtain affordable insurance. In Kentucky, nearly 100,000 people get their health coverage through Kynect, the state’s ACA marketplace.
Key Facts About the Policy
- The public supports the subsidies.
Kynect shows huge premium spikes without the tax credits, affecting the affordability of health care for many individuals.
Author's summary: Dispute over ACA tax credits affects 24 million people.
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