ACA Subsidies Near Expiration Amid Congressional Deadlock
Affordable Care Act (ACA) subsidies that currently assist millions in affording health insurance are set to expire at the end of the year. Despite ongoing discussions, political divisions and narrow voting margins in Congress are hindering the progress of a bipartisan agreement to extend these subsidies. The potential lapse in subsidies is expected to result in increased insurance premiums for many households in the coming year, impacting market affordability and coverage continuity.