A group of House Republicans are backing the newly filed Bipartisan Premium Tax Credit Extension Act, which would extend enhanced ACA subsidies for one year beyond their current expiration date at the end of 2025.
Under the legislation, the premium tax credits would expire Jan. 1, 2027. The bill would also maintain the expanded eligibility criteria that allows households earning more than 400% of the federal poverty level to qualify for subsidies.
Insurers nationwide have requested a median 15% rate increase for 2026, citing both the anticipated expiration of the tax credits and rising medical costs. The tax credits, first expanded under the American Rescue Plan and extended by the Inflation Reduction Act, have helped drive record marketplace enrollment, with more than 24 million people signing up for coverage in 2025.
The group of 10 Republican lawmakers supporting the bill is made up of some of the most politically vulnerable incumbents heading into the midterms, per Politico.
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