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House Rules Committee advances GOP health package while debate erupts over ACA tax credit expirations
Summary
The House Rules Committee voted to advance a rule for consideration of HR 6703, a Republican package of PBM transparency, cost‑sharing payments and association health plans, while Democrats warned the bill fails to extend enhanced Affordable Care Act premium tax credits that are set to expire and could drive up premiums and drop coverage for millions.
The House Rules Committee on Wednesday advanced a rule that would clear floor consideration of three measures, including HR 6703, the Lower Health Care Premiums for All Americans Act, amid sharp partisan debate over whether to extend enhanced Affordable Care Act (ACA) premium tax credits.
Committee Chair Fox opened the hearing by listing the three bills to be considered and saying HR 6703 would “lower health care premiums, increase health care access, expand choice and bring about greater transparency to the health care system.” Chairman Brett Guthrie (Chair, Energy and Commerce Committee), testifying in support, highlighted provisions to require detailed reporting from pharmacy benefit managers (PBMs), fund cost‑sharing reduction (CSR) payments and expand association health plans and choice arrangements, saying CBO modeling projects an 11% reduction in gross premiums from CSRs as written in the bill.
Democrats and some Republicans pressed a different, more immediate concern: the temporary enhanced ACA premium tax credits enacted during the COVID era are…
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