The US House of Representatives has passed a bill that would extend expired health care subsidies for individuals who obtain coverage through the Affordable Care Act (ACA). The legislation, which was pushed by Democrats and passed with bipartisan support, aims to provide temporary relief to millions of Americans facing higher premiums due to increased healthcare costs.
The measure is seen as a response to a recent ruling by the Supreme Court that allowed states to disregard ACA subsidies in their health insurance marketplaces. Several Republican-led states had previously stopped accepting federal funding for ACA subsidies, leaving many low- and middle-income individuals without access to affordable coverage.
House Speaker Mike Johnson, who led opposition to the bill, expressed disappointment with the passage of the legislation, stating that it would lead to "more debt" and "greater burden on American taxpayers." However, Democrats hailed the measure as a crucial step towards protecting vulnerable populations and ensuring access to quality healthcare for millions of Americans.
The bill now heads to the White House, where President Biden has indicated support for extending the subsidies. It remains to be seen whether he will sign the legislation into law, but many experts predict that it will become law if a veto is not used.
The measure is seen as a response to a recent ruling by the Supreme Court that allowed states to disregard ACA subsidies in their health insurance marketplaces. Several Republican-led states had previously stopped accepting federal funding for ACA subsidies, leaving many low- and middle-income individuals without access to affordable coverage.
House Speaker Mike Johnson, who led opposition to the bill, expressed disappointment with the passage of the legislation, stating that it would lead to "more debt" and "greater burden on American taxpayers." However, Democrats hailed the measure as a crucial step towards protecting vulnerable populations and ensuring access to quality healthcare for millions of Americans.
The bill now heads to the White House, where President Biden has indicated support for extending the subsidies. It remains to be seen whether he will sign the legislation into law, but many experts predict that it will become law if a veto is not used.