US EditionLIVE NOW: Senate Committee Holds Hearing on Rising Health Care Costs and Solutions for Americans
Lawmakers debate whether to extend ACA tax credits set to expire, with Republicans citing premium inflation and Democrats urging a one-year extension for health reforms.
- On Dec. 10, 2024, the Senate Finance Committee convened to debate extending enhanced ACA marketplace tax credits as Republican senators opposed continuation, while Democratic senators urged at least a one-year extension.
- Last year, the looming expiration of the enhanced marketplace tax credits set to expire at end of year forced attention to the Affordable Care Act, which helped lower the uninsured rate to a record low of 7.7% in 2023, KFF reported.
- Douglas Holtz-Eakin told the committee that Congress should rationalize insurance subsidies and focus on high-value care, noting Medicare covers 69 million Americans as a budget concern.
- Marketplaces have already prepared for an extension, showing readiness, while Mike Crapo, R-Idaho, called the hearing a first step and Sen. John Thune, R-S.D., said GOP leaders seek to lower premiums.
- Lawmakers urged both near-term fixes and longer-term rewrites, noting proposals including health savings accounts and insurer reforms, while Douglas Holtz-Eakin warned Congress has very little to do for 2026 and Sen. Ron Wyden, D-Ore., expressed skepticism about GOP support.
28 Articles
28 Articles
Spiraling health insurance costs stymie members of US Senate panel
The U.S. Capitol building in Washington, D.C., amid fog on Tuesday, Dec. 10, 2024. (Photo by Jennifer Shutt/States Newsroom)WASHINGTON — U.S. senators began debating how to reduce health care costs for Americans during a hearing Wednesday, where experts’ varied recommendations and comments from lawmakers previewed the rocky and potentially long path ahead. Republicans on the Finance Committee argued the Affordable Care Act, or Obamacare, has le…
Spiraling health insurance costs stymie members of US Senate panel
The U.S. Capitol building in Washington, D.C., amid fog on Tuesday, Dec. 10, 2024. (Photo by Jennifer Shutt/States Newsroom)WASHINGTON — U.S. senators began debating how to reduce health care costs for Americans during a hearing Wednesday, where experts’ varied recommendations and comments from lawmakers previewed the rocky and potentially long path ahead. Republicans on the Finance Committee argued the Affordable Care Act, or Obamacare, has le…
Spiraling health insurance costs stymie members of US Senate panel
The U.S. Capitol building in Washington, D.C., amid fog on Tuesday, Dec. 10, 2024. (Photo by Jennifer Shutt/States Newsroom)WASHINGTON — U.S. senators began debating how to reduce health care costs for Americans during a hearing Wednesday, where experts’ varied recommendations and comments from lawmakers previewed the rocky and potentially long path ahead. Republicans on the Finance Committee argued the Affordable Care Act, or Obamacare, has le…
Spiraling health insurance costs stymie members of US Senate panel
The U.S. Capitol building in Washington, D.C., amid fog on Tuesday, Dec. 10, 2024. (Photo by Jennifer Shutt/States Newsroom)WASHINGTON — U.S. senators began debating how to reduce health care costs for Americans during a hearing Wednesday, where experts’ varied recommendations and comments from lawmakers previewed the rocky and potentially long path ahead. Republicans on the Finance Committee argued the Affordable Care Act, or Obamacare, has le…
Spiraling health insurance costs stymie members of US Senate panel
The U.S. Capitol building in Washington, D.C., amid fog on Tuesday, Dec. 10, 2024. (Photo by Jennifer Shutt/States Newsroom)WASHINGTON — U.S. senators began debating how to reduce health care costs for Americans during a hearing Wednesday, where experts’ varied recommendations and comments from lawmakers previewed the rocky and potentially long path ahead. Republicans on the Finance Committee argued the Affordable Care Act, or Obamacare, has le…
Spiraling health insurance costs stymie members of US Senate panel
The U.S. Capitol building in Washington, D.C., amid fog on Tuesday, Dec. 10, 2024. (Photo by Jennifer Shutt/States Newsroom)WASHINGTON — U.S. senators began debating how to reduce health care costs for Americans during a hearing Wednesday, where experts’ varied recommendations and comments from lawmakers previewed the rocky and potentially long path ahead. Republicans on the Finance Committee argued the Affordable Care Act, or Obamacare, has le…
Coverage Details
Bias Distribution
- 96% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
