Summary
ACA tax credits expired, which affects millions of Americans' health insurance costs. Congress plans to vote on extending these subsidies, although chances of passage are uncertain.
Key Facts
- ACA tax credits that help people afford health insurance expired at the end of the year.
- Approximately 22 million people may face higher insurance premiums or lose coverage due to the expiration.
- The House plans to vote on a bill to extend the tax credits for three years, with mixed support from Republicans.
- The Senate previously rejected a bill to extend these tax credits.
- Betting markets indicate low odds for the credits' extension by various deadlines in early 2026.
- A KFF poll found 84% of ACA enrollees support extending the tax credits.
- The extension of ACA tax credits remains a significant political issue for the new year.
