REPS. SYKES CO-SPONSORS LEGISLATION TO REVERSE HEALTH CARE CUTS IN THE BIG UGLY BILL
States News Service
The following information was released by the office of Ohio Rep. Emilia Sykes:
U.S. Representative Emilia Sykes (OH-13) recently co-sponsored H.R.4849, the Protecting Health Care and Lowering Costs Act of 2025. This bill, introduced by Congressman Adam Gray (CA-13), would reverse all of the healthcare cuts made in the One Big Beautiful Bill Act, H.R. 1, including those to Medicaid, and would permanently extend the Affordable Care Act (ACA) Premium Tax Credits.
"I hear daily from my constituents that the cost of everything gas, groceries, housing, and healthcare is too expensive. Republicans' H.R.1 raises costs even higher, and kicks hundreds of thousands of people off their health insurance all together," said Rep. Sykes. "To rectify this, we must pass the Protecting Health Care and Lowering Costs Act to reverse harmful Medicaid cuts and extend vital ACA tax credits, ensuring that Ohioans can access affordable healthcare when they need it."
Republicans' H.R. 1, made sweeping changes to Medicaid and the ACA. Additionally, the ACA's Enhanced Premium Tax Credit is set to expire at the end of 2025. The Congressional Budget Office estimates that, taken together, these changes will result in 15 million people losing their health care, including 489,815 Ohioans.
Due to these cuts, the legislation is expected to increase premiums for the 32,000 people in Ohio's13th Congressional District who are covered under the ACA by an estimated $720 per year. Already, AultCare has announced that they will not renew health plans for 6,000 members because of uncertainty around the future of the ACA Premium Tax Credits.
DEGETTE STATEMENT ON PASSAGE OF HOUSE REPUBLICANS' GO-IT-ALONE SPENDING BILL
AM Best Affirms Credit Ratings of Repwest Insurance Company and Oxford Life Insurance Company and Its Subsidiary
Advisor News
- Study asks: How do different generations approach retirement?
- LTC: A critical component of retirement planning
- Middle-class households face worsening cost pressures
- Metlife study finds less than half of US workforce holistically healthy
- Invigorating client relationships with AI coaching
More Advisor NewsAnnuity News
- Crypto meets annuities: what to know about bitcoin-linked FIAs
- Trademark Application for “EMPOWER MY WEALTH” Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
- Conning says insurers’ success in 2026 will depend on ‘strategic adaptation’
- The structural rise of structured products
- How next-gen pricing tech can help insurers offer better annuity products
More Annuity NewsHealth/Employee Benefits News
- RISING EMPLOYER-SPONSORED HEALTH INSURANCE RATES
- New Managed Care Study Findings Have Been Reported by G. Martin Reinhart and Co-Researchers (Psychiatric Medication Prescribing by Nurse Practitioners and Physician Associates for Medicare Beneficiaries): Managed Care
- Data on Managed Care Reported by Researchers at American Dental Association (Early association of expanded Medicare dental benefits to dentist billing in Medicare): Managed Care
- Researchers to study universal health care, as Coloradans face $1 billion in medical debt
- Veteran speaks out on veterans mail-order drug bill
More Health/Employee Benefits NewsLife Insurance News