The bill would extend enhanced health insurance premium tax credits through 2027 and change income limits and contribution rates for later years. For tax years after 2026, it would use a 600% income limit in place of 400%. It would also limit premium assistance so it cannot exceed monthly premiums minus $5.
The bill would change eligibility rules for premium tax credits and reduced cost-sharing to exclude people who are not U.S. citizens. Plans that cover abortion generally could not qualify for the tax credits, with exceptions when continuing the pregnancy would endanger the mother's life or when it resulted from rape or incest. The bill would provide funding as needed for reduced cost-sharing payments for plan years beginning in 2027.
If enacted, the bill could change whether you qualify for health insurance tax credits or reduced cost-sharing, and the amount of assistance available. It would also affect whether a plan covering abortion qualifies for premium tax credits. The changes would apply beginning in 2026, with some provisions starting in 2027 or 2028.
The bill authorizes Treasury funding as needed for reduced cost-sharing payments for plan years beginning in 2027. It does not provide a specific dollar amount. It also limits premium assistance to no more than the monthly premium minus $5.
No publicly available information.
No publicly available information.