How much did Congress allocate for ACA subsidy extension through 2025?

Question

Accepted Answer

Congress allocated 64 billion dollars to extend enhanced ACA subsidies through 2025. That money caps premiums at 8.5 percent of income and eliminates the 400 percent poverty-level income cutoff that previously left middle-class families ineligible. The Congressional Budget Office projected this spending would keep 3 million people insured who would otherwise lose coverage. The 64 billion dollars breaks down to roughly 21 billion dollars per year over three years.

How much did Congress allocate for ACA subsidy extension through 2025?

Explanation

Sources

Related Questions

PRINCIPLE

EXPLORE

RESOURCES