We have a growing healthcare affordability crisis in this country, and it’s been one of my top priorities in Congress to find solutions that ensure Americans of every income level have access to high-quality, affordable care. Health insurance premiums have been on the rise for years, and during the COVID-19 pandemic, Congress introduced the enhanced ACA premium tax credit as a temporary measure to help lessen the burden on families, seniors, and small business owners who purchased their insurance from the ACA Marketplace. While it wasn’t a perfect solution, it was a step in the right direction.
With the enhanced credit set to expire at the end of 2025, there’s been a lot of debate over whether it should be extended. While Republicans didn’t create this problem, we now have the opportunity to address it in a responsible way. However, the government funding debate is not the time or place to solve healthcare issues. Because this is a larger conversation that will take time to resolve, I helped introduce the bipartisan Premium Tax Credit Extension Act to extend the credit for one year while Congress works toward a more permanent solution.
While I support extending the enhanced credit, I also believe we need to make commonsense policy reforms to ensure these benefits go to the Americans who need them most. Congress needs to come together to solve this problem, and I look forward to working with my colleagues on both sides of the aisle once the government reopens.