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BumRushDaShow

(148,731 posts)
Fri Dec 6, 2024, 03:48 PM Dec 2024

Millions will lose health coverage if ACA subsidies expire: CBO

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/



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
35 replies = new reply since forum marked as read
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Millions will lose health coverage if ACA subsidies expire: CBO (Original Post) BumRushDaShow Dec 2024 OP
But isn't that what the voters want? Zorro Dec 2024 #1
Apparently, taxes go up in 2026 as well. jimfields33 Dec 2024 #2
They "think" the affordable Care Act is NOT Obamacare. GreenWave Dec 2024 #3
The problem with a lot of poor people is that they are to stupid to realize that being poor is what's killing them Ray Bruns Dec 2024 #7
Not democrats Rebl2 Dec 2024 #15
Yeah. A lot of them didn't know "Obamacare" was BigDemVoter Dec 2024 #22
it is certainly what repukes want Skittles Dec 2024 #24
From what I have read... sheshe2 Dec 2024 #29
"We don't need an ID to prove citizenship...we need an IQ test." pazzyanne Dec 2024 #31
Yikes... sheshe2 Dec 2024 #33
We need a workable National Healthcare system. cstanleytech Dec 2024 #4
The Billionaire's Boy's Club want the entire program gone in 2025 PERIOD. Bengus81 Dec 2024 #5
When people vote for a political party and give that party all there branches then republicans Autumn Dec 2024 #6
People who voted rwnj Marthe48 Dec 2024 #8
I get my insurance through the marketplace. LudwigPastorius Dec 2024 #9
Those people think you are exaggerating the costs for dramatic effect? C0RI0LANUS Dec 2024 #12
My guess is (like the dumbass FOX viewers) they think that ONLY Governement is Bengus81 Dec 2024 #32
Poverty kills Americans. The GOP knows it and doesn't care. The elite somehow profit from our early deaths. C0RI0LANUS Dec 2024 #10
Yep, the rethuglicon death panel train keeps rolling down the track. bluestarone Dec 2024 #11
I am going back to what I first called the Republican Party.... OhioBack2Blue Dec 2024 #13
I simply don't care. The stakes were very clear this election. Same with abortion. JohnSJ Dec 2024 #14
How many morons impacted by this voted for Trump and against "Obamacare" RealityBasedNewYorkr Dec 2024 #16
Democrats propose deal to GOP extending Affordable Care Act subsidies by a year Yo_Mama_Been_Loggin Dec 2024 #17
That won't matter to the fuckheads that be. Initech Dec 2024 #18
The Cruelty is Mind-Numbing at times. Geeeebz! electric_blue68 Dec 2024 #19
If people think we were sympathetic to the insurance exec's killer this week - TBF Dec 2024 #20
But...but I thought only Obamacare was going to end. Kablooie Dec 2024 #21
I saw my Prim Care Dr today...he hates tRump too. BigmanPigman Dec 2024 #23
my doc detests Trump too Skittles Dec 2024 #25
What will doctors and hospitals do with this outcome? vapor2 Dec 2024 #26
charge the people with insurance more? Skittles Dec 2024 #28
More rural hospitals and clinics will close. markodochartaigh Dec 2024 #30
"But I don't know enough about her policies!" NameAlreadyTaken Dec 2024 #27
Trump & his ilk just need to confess they want us all dead or enslaved NotHardly Dec 2024 #34
How many of those millions voted for the convicted felon ? Jeez ! republianmushroom Dec 2024 #35

Ray Bruns

(5,036 posts)
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
Fri Dec 6, 2024, 04:11 PM
Dec 2024

BigDemVoter

(4,587 posts)
22. Yeah. A lot of them didn't know "Obamacare" was
Fri Dec 6, 2024, 11:13 PM
Dec 2024

the same thing as the Affordable Care Act.

sheshe2

(90,338 posts)
29. From what I have read...
Sat Dec 7, 2024, 02:40 AM
Dec 2024

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

(6,663 posts)
31. "We don't need an ID to prove citizenship...we need an IQ test."
Sat Dec 7, 2024, 05:19 AM
Dec 2024

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.

Bengus81

(8,306 posts)
5. The Billionaire's Boy's Club want the entire program gone in 2025 PERIOD.
Fri Dec 6, 2024, 04:02 PM
Dec 2024

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

Autumn

(47,484 posts)
6. When people vote for a political party and give that party all there branches then republicans
Fri Dec 6, 2024, 04:11 PM
Dec 2024

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

(20,238 posts)
8. People who voted rwnj
Fri Dec 6, 2024, 04:33 PM
Dec 2024

are getting exactly what they voted for.

Hope they love owning the libs.

LudwigPastorius

(11,853 posts)
9. I get my insurance through the marketplace.
Fri Dec 6, 2024, 05:13 PM
Dec 2024

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

(3,015 posts)
12. Those people think you are exaggerating the costs for dramatic effect?
Fri Dec 6, 2024, 05:27 PM
Dec 2024

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

(8,306 posts)
32. My guess is (like the dumbass FOX viewers) they think that ONLY Governement is
Sat Dec 7, 2024, 08:07 AM
Dec 2024

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

(3,015 posts)
10. Poverty kills Americans. The GOP knows it and doesn't care. The elite somehow profit from our early deaths.
Fri Dec 6, 2024, 05:15 PM
Dec 2024

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

(19,132 posts)
11. Yep, the rethuglicon death panel train keeps rolling down the track.
Fri Dec 6, 2024, 05:22 PM
Dec 2024

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

(51 posts)
13. I am going back to what I first called the Republican Party....
Fri Dec 6, 2024, 05:52 PM
Dec 2024

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

(98,069 posts)
14. I simply don't care. The stakes were very clear this election. Same with abortion.
Fri Dec 6, 2024, 06:03 PM
Dec 2024

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.

Yo_Mama_Been_Loggin

(120,044 posts)
17. Democrats propose deal to GOP extending Affordable Care Act subsidies by a year
Fri Dec 6, 2024, 08:57 PM
Dec 2024

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

(104,107 posts)
18. That won't matter to the fuckheads that be.
Fri Dec 6, 2024, 09:14 PM
Dec 2024

They just want money and power and damn everyone else.

electric_blue68

(20,257 posts)
19. The Cruelty is Mind-Numbing at times. Geeeebz!
Fri Dec 6, 2024, 09:46 PM
Dec 2024

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

(35,056 posts)
20. If people think we were sympathetic to the insurance exec's killer this week -
Fri Dec 6, 2024, 09:48 PM
Dec 2024

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

Kablooie

(18,856 posts)
21. But...but I thought only Obamacare was going to end.
Fri Dec 6, 2024, 09:48 PM
Dec 2024

MAGA whining as the leopard eats their face.

BigmanPigman

(52,672 posts)
23. I saw my Prim Care Dr today...he hates tRump too.
Fri Dec 6, 2024, 11:38 PM
Dec 2024

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

(162,464 posts)
25. my doc detests Trump too
Sat Dec 7, 2024, 12:34 AM
Dec 2024

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

markodochartaigh

(2,447 posts)
30. More rural hospitals and clinics will close.
Sat Dec 7, 2024, 03:59 AM
Dec 2024

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.

NotHardly

(1,875 posts)
34. Trump & his ilk just need to confess they want us all dead or enslaved
Sat Dec 7, 2024, 03:55 PM
Dec 2024

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

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