Plano Health Insurance in Jeopardy Due to Expiration of Subsidies

Plano Health Insurance in Jeopardy Due to
Expiration of Subsidies

Plano health insurance and the people who have it are waiting with bated
breath as blue-state lawmakers figure out how to extend subsidies beyond

2023 for those enrolled in the Affordable Care Act.

According to an article by The Gazzett, over 3 million
Americans could lose their health coverage if Congress

allows enhanced subsidies for insurance on the ACA
exchanges to expire.

It is worth noting that if the additional subsidies expire,
3.1 million Americans will no longer have insurance,
per the Urban Institute.

That bill was defeated twice - further
calling into question the ACA's long-
term viability and threatening individuals
and families with health insurance in

Plano.
As the article pointed out, "Extending
the tax credits without simultaneously
increasing revenue would increase the
federal deficit by about $25.3 billion in

2023.

Over 10 years, the increase would balloon to $305 billion." Biden
has been calling on Congress to make the subsidies permanent.

Rick Thornton, a Plano health insurance agent ,
said that while everything appears on paper to be

gloom and doom with this new report, the
likelihood that millions of Americans will lose
coverage with no available options in return is slim

to none.

Biden has been pushing for permanent
subsidies despite his other initiatives and will

continue leaning on key decision makers
until the job gets done.

Insurance4Dallas provides consumers with detailed information on
health insurance with the ability to purchase health insurance
online.

Insurance4Dallas provides a full spectrum of
health, dental, vision, life and ancillary
insurance products, providing a diverse
selection of price and benefit options
complemented by personal customer
service.

Available via phone, email or fax,
Insurance4Dallas answers consumer
questions throughout the purchasing
process and during the utilization of its

health insurance policies.

Find Out More At
http://insurance4dallas.com

/plano-health-insurance