Support Permanent Enhanced ACA Tax Credits
Industry News
Thursday, May 22 2025
Protect ACA Subsidies: There is a potential reduction in ACA subsidies on the horizon. NABIP has organized an advocacy campaign, and they need agents to participate.
Congress is considering the Healthcare Affordability Act (H.R. 247 / S. 46), which would permanently extend the enhanced ACA premium tax credits, which expire at the end of 2025. If this legislation is not passed, the impact will be swift and severe for your clients, your business, and the broader health insurance marketplace. If these credits vanish, millions of Americans will see their premiums spike or lose coverage altogether. Clients you've helped enroll in affordable plans could be priced out overnight, seriously undermining your ability to serve and support them.
The Healthcare Affordability Act would protect and improve affordability by:
• Setting a 0% premium contribution for households earning up to 150% of the federal poverty level
• Maintaining the existing income-based sliding scale for households between 150% and 400%
• Eliminating the subsidy cliff by extending credits to those earning over 400%, capped at 8.5% of income
These provisions have already helped more than 20 million Americans access affordable coverage since 2021. Without action, that progress is at risk. The result? Higher uninsured rates, disrupted care, and a destabilized individual market affect every professional in our field.
As trusted experts in health benefits, you understand these stakes better than anyone. Now, Congress needs to hear from you.
To Read More Click Here
Congress is considering the Healthcare Affordability Act (H.R. 247 / S. 46), which would permanently extend the enhanced ACA premium tax credits, which expire at the end of 2025. If this legislation is not passed, the impact will be swift and severe for your clients, your business, and the broader health insurance marketplace. If these credits vanish, millions of Americans will see their premiums spike or lose coverage altogether. Clients you've helped enroll in affordable plans could be priced out overnight, seriously undermining your ability to serve and support them.
The Healthcare Affordability Act would protect and improve affordability by:
• Setting a 0% premium contribution for households earning up to 150% of the federal poverty level
• Maintaining the existing income-based sliding scale for households between 150% and 400%
• Eliminating the subsidy cliff by extending credits to those earning over 400%, capped at 8.5% of income
These provisions have already helped more than 20 million Americans access affordable coverage since 2021. Without action, that progress is at risk. The result? Higher uninsured rates, disrupted care, and a destabilized individual market affect every professional in our field.
As trusted experts in health benefits, you understand these stakes better than anyone. Now, Congress needs to hear from you.
To Read More Click Here