Trump will decide the future of government money for healthcare plans. [View all]
(Business Insider) -snip- Federal health insurance could be in limbo as Donald Trump returns to the White House, and enhanced subsidies for low- and middle-income families may be on the chopping block.
President Joe Biden's enhanced version of the Affordable Care Act subsidies — which provide lower premiums and reduced out-of-pocket costs for Americans on Medicare and Medicaid — are set to expire at the end of 2025. At some point next year, Trump and a Republican-led Congress will decide whether to renew or end the subsidies.
Ending the subsidies would save the government money but restrict healthcare options for the people and families who rely on them. If the subsidies are allowed to expire, the Congressional Budget Office estimated that nearly 4 million people would drop coverage in 2026.
https://www.yahoo.com/news/trump-decide-future-government-money-095101123.html?.tsrc=daily_mail&segment_id=DY_VTO_CONTROL&ncid=crm_19908-1475736-20241130-0&bt_user_id=UNqr2zc1pRypVXTSjqryi2wO3ikBIq0eeevZrP66YVJPq0GkGwp0Yzn0yAnN%2FT3z&bt_ts=1732963978980
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