#premium-tax-credits

#premium-tax-credits

In a Friday appearance on Fox News, Senator Jeanne Shaheen (D-NH) said that 57% of people who identify themselves as MAGA republicans support an extension of Obama-era tax credits for those who buy their own health insurance through the ACA Marketplace. The statistic comes from a new poll published on Friday by the Kaiser Family Foundation, which found that 78% of all adults support Congress in extending these tax credits, along with 57% of MAGA Republicans.

This year enrollment hit a record 24 million. That is only about 7% of the U.S. population, but the people who rely on these plans are an influential group that includes small business owners, farmers and ranchers, says Cynthia Cox, vice president and director of the Program on the ACA at the nonpartisan health research organization KFF. Cox and her team just did an analysis on what will happen to people's premiums next year if Congress doesn't extend the enhanced subsidies.