Jan. 7 (UPI) -- A bipartisan agreement among U.S. Senate members would provide federal subsidies to lower the cost of Affordable Care Act premiums if enacted after the subsidies expired at the end of 2025.
The Senate proposal would reinstate the expired tax credits for two years and extend the open enrollment period, but with more restrictions that are designed to thwart fraud.
The proposed restrictions include limits on qualifying incomes, minimum payment amounts for premiums, cost-sharing reductions and increased access to health savings accounts.
Among senators leading the bipartisan negotiations is Bernie Moreno, R-Ohio, who said the first draft of the proposed legislation might be finalized Monday.
Related
