Without Action, Critical Support to Help Americans Pay Health Care Premiums Will Expire At The End of This Year
WASHINGTON, DC – Today, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Health, Education, Labor and Pensions Committee, joined Senate colleagues in urging Congressional leadership negotiating a reconciliation package to prioritize making permanent the Affordable Care Act’s enhanced premium tax credits, which are set to expire at the end of this year. This enhanced assistance, which was included in the American Rescue Plan that Senator Rosen helped pass, has lowered costs and expanded access to health care for millions of Americans.
“Americans deserve a stable health care market that provides access to high-quality care coverage for all, and American Rescue Plan Act’s (ARPA) enhanced premium tax credits must be extended to ensure that we can maintain our progress on closing the coverage gap,” wrote the Senators. “Failure to do so will leave millions with increased costs for vital health insurance, undoing Democrats’ progress in ensuring that every American has access to affordable, meaningful coverage.”
“Health care costs continue to rise, and we must ensure affordable, quality health coverage remains in reach. ARPA improved coverage affordability and if these subsidies are not extended premium payments will rise sharply for nearly all marketplace enrollees. We must not lose momentum in our work to close the coverage gap. As you continue your ongoing work to negotiate a reconciliation package, we urge to make permanent the vital ARPA enhanced premium tax credits,” the Senators concluded.
This letter can be read in full here.