Dec. 11 (UPI) -- The Senate is scheduled to vote Thursday on two competing healthcare plans meant to address healthcare costs likely to rise in the new year with the expiration of Affordable Care Act tax credits.
Democrats and Republicans have each put forth their own healthcare plans, but neither are likely to pass, NPR reported.
The Democrats' plan includes a three-year extension of enhanced ACA subsidies beyond the Jan. 1 expiration date. The proposal would also limit health insurance premiums under the ACA to 8.5% of the policyholders' incomes.
The enhanced subsidies were put in place during the COVID-19 pandemic as part of the 2021 American Rescue Plan.
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