Millions will lose health coverage if ACA subsidies expire: CBO

[BumRushDaShow]

Source: The Hill

12/06/24 2:08 PM ET


A new report released by the Congressional Budget Office (CBO) found that if the Affordable Care Act extended subsidies are allowed to expire at the end of 2025, millions of people will become uninsured and premiums will rise.

Responding to the Senate Committee on Finance, the CBO found that “not extending the credit will increase the number of people without health insurance and raise the average gross benchmark premiums for plans purchased through the marketplaces.”

The extended tax subsidies were first enacted in 2021 through the American Rescue Plan Act (ARPA) and extended to the end of 2025 through the Inflation Reduction Act. The premium tax credits ARPA lower out-of-pocket costs for eligible households.

“Without a permanent extension, CBO estimates, the number of uninsured people will rise by 2.2 million in 2026, by 3.7 million in 2027, and by 3.8 million, on average, in each year over the 2026-2034 period,” the report states.

Read more: https://thehill.com/policy/healthcare/5026478-affordable-care-act-subsidies-expiration-health-coverage/

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Link to CBO REPORT site - The Effects of Not Extending the Expanded Premium Tax Credits for the Number of Uninsured People and the Growth in Premiums

Link to CBO REPORT (PDF) - https://www.cbo.gov/system/files/2024-12/59230-ARPA.pdf

[Zorro]

1. But isn't that what the voters want?

[jimfields33]

2. Apparently, taxes go up in 2026 as well.

Everybody under 250K will get clobbered.

[GreenWave]

3. They "think" the affordable Care Act is NOT Obamacare.

[Ray Bruns]

7. The problem with a lot of poor people is that they are to stupid to realize that being poor is what's killing them

[Rebl2]

15. Not democrats

[BigDemVoter]

22. Yeah. A lot of them didn't know "Obamacare" was

the same thing as the Affordable Care Act.

[Skittles]

24. it is certainly what repukes want

truly crazy for most people to vote for them

[sheshe2]

29. From what I have read...

They wanted to get rid of Obamacare not ACA.

Terrifying that the uneducated Maga masses are allowed to vote. We don't need an ID to prove citizenship...we need an IQ test.

There was a question posted on twitter (yes, I know everyone hates twit) the question was should we be teaching Arabic numbers in schools. The responses were hell no! They should be banned from schools! Etc...

..................................................

Arabic numerals are the numbers 0, 1, 2, 3, 4, 5, 6, 7, 8, and 9, which are used to represent numbers in the decimal number system. They are the most commonly used symbols for writing numbersi n the world today, and are used in most mathematics.

[pazzyanne]

31. "We don't need an ID to prove citizenship...we need an IQ test."

According to the National Literacy Institute:

"On average, 79% of U.S. adults nationwide are literate in 2024.

21% of adults in the US are illiterate in 2024.

54% of adults have a literacy below a 6th-grade level (20% are below 5th-grade level)".

Guess that answers a lot of questions.

[sheshe2]

33. Yikes...

Those numbers are terrifying. Thanks for posting the stats, pazzyznne.

[cstanleytech]

4. We need a workable National Healthcare system.

[Bengus81]

5. The Billionaire's Boy's Club want the entire program gone in 2025 PERIOD.

I wouldn't worry about the extensions running out. Better be finding a new John McCain quickly.

[Autumn]

6. When people vote for a political party and give that party all there branches then republicans

should give the people what was voted for. You vote republican, you get a republican. Voters should get what republicans promised they would do. That what happens when people vote from ignorance and pettiness to hurt other people.

[Marthe48]

8. People who voted rwnj

are getting exactly what they voted for.

Hope they love owning the libs.

[LudwigPastorius]

9. I get my insurance through the marketplace.

Because I'm self-employed, if the Trumpzis kill the tax credit, my insurance premiums go from $322.62 a month to $1,409.62 a month. That's almost $17,000 a year, plus copays, and a deductible.

When I tell that to people I know who are on Medicare, or get their insurance through their work, they think I'm wildly exaggerating those numbers just for dramatic effect.

[C0RI0LANUS]

12. Those people think you are exaggerating the costs for dramatic effect?

Wait until disaster strikes them and their health insurance doesn't cover something . You can tell them they're exaggerating for dramatic effect and walk away.

I've seen similar incidents over the years. There is no sympathy/empathy from people like that. But, boy, will they want a sympathetic ear from you when karma catches up to them.

[Bengus81]

32. My guess is (like the dumbass FOX viewers) they think that ONLY Governement is

involved in the ACA. BTW...wonder what the Health Insurance industrial complex thinks about Trump, Eloon and shrimp boat Vivek wanting to kill the ACA? They know damn good and well they will NOT be getting $1300-$1500 out of the majority of the 47 million that are on the ACA.

They stand to lose billions of $$$ per year in revenue.

[C0RI0LANUS]

10. Poverty kills Americans. The GOP knows it and doesn't care. The elite somehow profit from our early deaths.

Losing ACA health insurance coverage will add to the horrendous numbers below. I guess all MAGAts are wealthy and bullet-proof like Superman-- good for them.

"245,000 deaths in the US in the year 2000 were attributable to low levels of education, 176,000 to racial segregation, 162,000 to low social support, 133,000 to individual-level poverty, 119,000 to income inequality, and 39,000 to area-level poverty. 
Overall, 4.5% of US deaths were found to be attributable to poverty.... risks associated with both poverty and low education were higher for individuals aged 25 to 64 than for those 65 or older."

And the US averages 48,000 gun deaths per year.

Sources:

https://www.publichealth.columbia.edu/news/how-many-u-s-deaths-are-caused-poverty-lack-education-other-social-factors

https://www.cdc.gov/firearm-violence/data-research/facts-stats/index.html

[bluestarone]

11. Yep, the rethuglicon death panel train keeps rolling down the track.

Remember back when they screamed the Democrats were the death panel? They have always called us this, knowing full well that it's THEM that are the DEATH PANEL!!!

[OhioBack2Blue]

13. I am going back to what I first called the Republican Party....

10 years ago, just before Trash became 45.... and that is:

A DEATH CULT.

Maybe pearl clutching, Kumbaya, and MAGA Sympathizer Dems will not be so butt hurt now... I doubt it but whatever.

They are a DEATH CULT. Really they have been this since Reagan's intentional evil and negligence regarding the HIV pandemic.

[JohnSJ]

14. I simply don't care. The stakes were very clear this election. Same with abortion.

If they nationalize a law against abortion, etc etc etc, I simply do not care anymore. For the last 40 some years I have fought for women’s rights, workers rights, civil rights, , etc., and in the most consequential election of most of our lifetimes, the people pissed it away.

So good luck getting those rights back.

FAFO, and they sure will find out with a SC that we have lost for a generation.

The only thing I will continue to do is vote Democratic, but nothing else.

[RealityBasedNewYorkr]

16. How many morons impacted by this voted for Trump and against "Obamacare"

Srsly

[Yo_Mama_Been_Loggin]

17. Democrats propose deal to GOP extending Affordable Care Act subsidies by a year

Congressional Democrats have privately proposed a deal to Republicans that would extend expiring Affordable Care Act subsidies by one year, with lawmakers worried by new estimates that 2.2 million people will otherwise lose health coverage, according to five people who spoke on the condition of anonymity to discuss the proposal.

The move accompanied a broader package of health-care proposals submitted to Republicans on Thursday night ahead of year-end spending negotiations.

Lawmakers are fiercely hammering out a bill to fund the government, and health-care leaders are pushing to add priorities to one of the final pieces of legislation this Congress. Negotiations are also occurring on other measures, such as more funding for community health centers, proposals to address bipartisan frustrations about pharmacy benefit managers and other extensions of ongoing health-care programs, four of the people said.

A one-year deal to extend the expiring ACA subsidies would avoid what was expected to be a bruising battle for both parties. Democrats, who crafted the subsidies and have fought to defend them, are set to lose control of the Senate and the White House next year, complicating their ability to make policy. Republicans, who are set to gain control of Washington, are wary of being punished by voters for any perception that they are rolling back health-care coverage, with the backlash to their ACA repeal efforts still fresh in many lawmakers’ minds.

https://www.yahoo.com/news/democrats-propose-deal-gop-extending-184533384.html

[Initech]

18. That won't matter to the fuckheads that be.

They just want money and power and damn everyone else.

[electric_blue68]

19. The Cruelty is Mind-Numbing at times. Geeeebz!

We need (since it *is* The Season)
a hell of a lot more Scrooge-like Conversions!

Though, I suppose that miracle isn't happening. 😔

[TBF]

20. If people think we were sympathetic to the insurance exec's killer this week -

wait until millions of them lose health care next year. It will not be pretty.

[Kablooie]

21. But...but I thought only Obamacare was going to end.

MAGA whining as the leopard eats their face.

[BigmanPigman]

23. I saw my Prim Care Dr today...he hates tRump too.

I already knew that since we can discuss politics after my anti-tRump, hand made earrings were complimented by him, his staff, his patients, the parking attendants, etc. I get a lot of feedback when I wear my earrings and I use them to purposely let people know where I stand. I made them in 2016 and stopped when Covid mask straps got caught in the earrings but after 3 years I wore them outside again (they broke but I made a new pair and they are even better than the originals).

Living in very "blue" CA is a big plus these days. We all hate tRump. I told him I need a Xanax the size of a football to get me through until the inauguration. I was serious. When I told him about my health insur ending once tRump is in office and all my subsidies will go away and I won't be able to afford it he couldn't reassure me that I was wrong. He knows what tRump means for his profession and he is not happy about it. We ended my appointment laughing at Kennedy being the health expert in 2025. The future is very, very grim for me. I am a realist.

[Skittles]

25. my doc detests Trump too

she made a crack about RFK Jr but it was kind of like, in despair

[vapor2]

26. What will doctors and hospitals do with this outcome?

[Skittles]

28. charge the people with insurance more?

just a guess

[markodochartaigh]

30. More rural hospitals and clinics will close.

This has been going on since the Reagan Revolution. Obamacare helped to stabilize the situation, but it will proceed on steroids now. And no, most rural voters didn't blame Reagan then, and they won't blame Trump now. They are like turtles on a fence post. They don't know where they are, they don't know how they got there, and if someone doesn't help them they will just die where they are.

[NameAlreadyTaken]

27. "But I don't know enough about her policies!"

[NotHardly]

34. Trump & his ilk just need to confess they want us all dead or enslaved

It is what they are working to have happen ... F*CK them all sideways

[republianmushroom]

35. How many of those millions voted for the convicted felon ? Jeez !

Dumb and dumber.