General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhen you hear one of these media folks all snide about Dems demanding the ACA tax cut extension
..like the handful I heard this morning questioning the wisdom of Democratic leaders choosing the Obamacare tax credit as their primary demand, I just think they have to be so well off that they don't ever have a need to consider the price of anything.
Consider that reublicans made most of their extension of Trump's 2017 tax bill permanent, and they're waving the tax credit that affects millions of Americans that they refused to make permanent in Democrats' faces like republicans don't also advantage ACA tax credits to reduce the cost of their own health insurance premiums.
The ACA tax credits are set to expire on December 31, 2025, unless Congress intervenes. Approximately 22 million Americans rely on the Affordable Care Act tax credits to lower their health insurance costs. Since their introduction in 2021, nearly 50 million Americans have been covered.
Ari Melber was estimating the price increase in a conversation with AOC, and he supposed they'd rise by 10%-15%, but the representative corrected him that premiums are due to at least DOUBLE, maybe triple if the tax credit expires, for 22 million Americans.
That means after December, tens of millions of Americans who ccan't afford health insurance won't have any coverage at all.
Steven Rattner@SteveRattner
Democrats are fighting to preserve an Obamacare tax credit. Without it, a 55-year-old couple making $85K would see their premiums more than triple to $24,535.
The other important thing Democratic leaders are demanding alongside of their insistence that these tax credits get extended, is that Congress deal here and now with the rescission loophole that allows the president to claw back money from this bipartisan deal and others, which makes the whole process just a farce and a con.
From what I understand, their view is that prioritizing something so important and vital to millions of Americans will make clear to Americans why they're fighting, and draw them into the battle to undo this and other benefits held hostage or eliminated by this republican majority.
I agree.

SheltieLover
(74,179 posts)
bigtree
(92,830 posts)....after December, tens of millions of Americans who can't afford health insurance won't have any coverage at all.
SheltieLover
(74,179 posts)
It's always most informative, in my experience, to listen for what they are not saying!
Pre-existing conditions?
Mental health parity?
Preventative diagnostics & care?
Deductibles?
subterranean
(3,696 posts)Those are set to expire at the end of this year, but that would not affect any of the things you listed (for people who can still afford insurance).
bigtree
(92,830 posts)..I think some or all of those have some protections still active under the ACA.
SheltieLover
(74,179 posts)
SheltieLover
(74,179 posts)
lostnfound
(17,226 posts)Baked into the One Big Beautiful Bill / reconciliation package:
-Pre-enrollment verification & stronger documentation checks
The law would require more stringent verification (income, immigration status, coverage history, residence, family size, etc.) before someone can receive premium tax credits or cost-sharing reductions.
This also effectively ends auto-renewals of subsidized plans (or at least makes auto-renewal with credits harder).
-Loss of eligibility for certain immigrants / removal of DACA eligibility
The law rescinds eligibility for marketplace subsidies/coverage for certain lawful immigrants, including DACA recipients.
Hundreds of thousands of people who currently use ACA marketplace plans might lose eligibility entirely (not just lose subsidy).
Expected consequences:
-Overall rate increases. Insurers are already filing rate increases in anticipation of this, in part because they expect healthier enrollees to drop out, worsening the risk pool
-States running their own marketplaces must implement new verification, enrollment, and eligibility rules, i.e., upgrading state IT systems.
SheltieLover
(74,179 posts)
Silent Type
(11,310 posts)bigtree
(92,830 posts)...during the pandemic.
The enhanced premium tax credits, part of the American Rescue Plan Act and extended through the Inflation Reduction Act, led to record enrollment in the ACA marketplace, with millions of people gaining access to health insurance coverage.
The credits also eliminated the "subsidy cliff," which previously prevented individuals with higher incomes from receiving financial assistance for health insurance.
Take it from there... what were the politics at the time, Senate balance, etc.
Silent Type
(11,310 posts)bigtree
(92,830 posts)...it was passed in a pandemic rescue plan, and if we're honest, was a bit subversive in how it not only extended coverage to millions, but allowed higher income folks to benefit from it.
Can you really imagine republicans agreeing to a permanent one then? Go back and look at the political balance of power for yourself and make your own judgment
Maga's really steamed we put this over on them, did it FOR ALL Americans, and they'd like nothing more than to return us back to a time where these millions were shit out of luck.
leftstreet
(37,430 posts)Most people get their insurance through their employer, or programs like Medicare and Sups, Medicaid, VA, etc - like over 220 million
Not saying the 22 million needing the credits aren't important, but I get why they question it as a primary demand
bigtree
(92,830 posts)...about 50% offer it.
haele
(14,674 posts)Back to the bad old days when you prayed that you had a state that required anyone with more than 10 employees was required to pay worker's comp insurance and you only got sick or injured at work, because the only heath care insurance that was "affordable" gave your family 1 each free GP visit a year, 20% off 4 visits a year per insuree for specialists, and 50% off coupons for pharmacy, lab work and other specific diagnostic tests at designated locations. No deductible.
I worked shipyards for a small company that had that insurance for 3 years, 1992 through 1996. Along with crappy dentist and vision.
I'm still carrying body trauma and damage from that period.
But one thing I can say - if that's the return to the type of insurance the GQP wants for poor and low pay working people, they can also proudly point out they're fixing the Social Security issue, by increasing the amount of people who won't last much past retirement...just like US in the 50's and 60's.
Volaris
(11,089 posts)This is about leopards and 'have the day you voted for' as much as it is about any specific policy defense.
Those 22 million people are gonna decide real quick that it isn't worth having their monthly premiums double just because Donald Trump doesn't want anyone to know he put his dick in a child.