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House Ways and Means subcommittee hearing warns of immediate coverage losses if enhanced ACA tax credits lapse
Summary
Witnesses and members told the House subcommittee that coordinated care cannot work if people lose coverage: several witnesses urged Congress to extend enhanced Affordable Care Act premium tax credits now to avoid millions losing affordable insurance and worsening chronic conditions.
WASHINGTON — Lawmakers and health-care witnesses at a House Ways and Means subcommittee hearing on care coordination urged Congress to extend the enhanced Affordable Care Act premium tax credits, warning that tens of millions of Americans face sharp premium increases and coverage loss next year.
Brian Connell, vice president of federal affairs at Blood Cancer United, told the panel that the lapse of enhanced premium tax credits would make coverage unaffordable for many and urged lawmakers to "Extend the current premium tax credits." Connell cited examples of consumers who would see monthly costs rise…
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