Obamacare ‘Double Whammy’ to Hit Right Before Midterms

A temporary COVID-19 relief program that aimed to lower healthcare premiums under the Affordable Care Act is slated to expire and voters would begin receiving notices just weeks before the midterms in November.Under the Biden administration-backed American Rescue Plan, a temporary program was initiated to cut monthly healthcare premiums to make it more affordable for people purchasing individual plans under the ACA, also known as Obamacare.
However, according to analysts, the program is scheduled to expire and notices about premium increases will be sent out in October. The midterms will take place on Tuesday, Nov. 8.
“If Congress lets the ACA premium help in the American Rescue Plan expire at the end of this year, middle-class people buying their own insurance would be hit hardest,” Larry Levitt, vice president for health policy at the Kaiser Family Foundation, said in a Twitter post. “They could face …

The post Obamacare ‘Double Whammy’ to Hit Right Before Midterms appeared first on Populist Press ©2022.