Dec. 10 (UPI) -- The deadline is approaching for Congress to extend the Affordable Care Act's enhanced premium tax credits and failing to do so is expected to cost about 4 million people their coverage over the next decade.
U.S. Congress has until Dec. 31, to extend the Affordable Care Act's enhanced premium tax credits, though it remains unclear if the framework plans circulating on Capitol Hill will garner enough support to pass.
The U.S. Senate is slated to vote on a Democratic proposal that would extend the tax credits for three years.
Senate Minority Leader Chuck Schumer, D-N.Y., said on the floor last week that the bill backed by Senate Democrats is the "last chance" Republicans will have to address the expiration of premium tax credits before the end of year deadline.
More than 20 million people pay lower costs for health coverage due to enhanced premium tax credits.
