Summary
Millions of Americans may soon see their health care costs go up unless Congress takes action. Health insurance tax credits have helped many people stay covered, and letting them expire could lead to higher costs and loss of coverage for over 4 million people. This issue mainly affects working individuals who already struggle to afford health care.
Key Facts
- Health care costs are expected to rise significantly unless Congress intervenes.
- Millions of Americans rely on health insurance tax credits to afford coverage.
- Over 21 million people have enrolled in health plans due to expanded tax credits.
- If the credits expire, premiums could double for many families.
- The Congressional Budget Office warns that more than 4 million people might lose coverage.
- Workers such as home care aides, teachers, bus drivers, and janitors are most at risk.
- The situation is part of a larger debate on health care as a right versus a luxury.
- Health care workers often can't afford the care they provide to others.
