Some of the Reasons To Not Extend Enhanced ACA Subsidies

At the center of the government shutdown is a disagreement over whether to extend a temporary pandemic-era expansion of the Affordable Care Act’s premium tax credits. These subsidies cover health insurance premiums for the roughly 7 percent of Americans who use the government-run Obamacare insurance marketplace. Sold as a temporary boost during the COVID-19 pandemic, the subsidies are costly, fraud-prone, and primarily pad insurance companies’ profits.  Read Full Article »