Health insurance premium subsidies to expire
In my
I discuss here the additional pain and hardship that would affect people who can only afford health insurance thanks to Enhanced Health Insurance Tax Subsidies (EHITS), subsidies designed to help those who would otherwise spend over 8.5% of their income on healthcare premiums. For more than 40 days,
There are compelling reasons to extend the Affordable Care Act (ACA) EHITS. Since 2014, the ACA has placed caps on enrollee premium payments based on income. In response to the COVID-19 pandemic in 2021, enhanced ACA subsidies were introduced, resulting in a substantial increase in enrollment, from 11 million to 23.4 million as of
KFF (
Many Americans' budgets are already stretched severely by their food, housing, utilities and transportation costs.
One fourth of all ACA enrollees are either small business owners or self-employed. One fourth of all farmers purchase their health insurance through the ACA. According to an
A recent article published by
On the cost side of extending EHITS, the CBO projects the federal deficit will rise by
Some might say our nation simply cannot bear another increase to the federal deficit because these expanded health insurance subsidies are too costly. I totally agree that using taxpayer money to feed the excessive greed of the middlemen of medicine including the health insurance industry, the pharmaceutical industry, pharmacy benefit managers, and even healthcare executives' exorbitant salaries is something that we should curtail. This is why I have advocated for 'Improved Medicare for All" since 2007. However, if these enhanced ACA subsidies are not extended, there will be much avoidable pain and suffering exacted on the less fortunate among us. There will be unnecessary deaths!
As of today, there is a promised upcoming December vote in the



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