(NewsNation) — A published report says the Trump administration will soon unveil a proposal to stabilize Obamacare premiums for Americans who have relied on federal subsidies to afford health care.
Expected spikes in Affordable Care Act premiums next year have bedeviled President Donald Trump and his fellow Republicans, who control the House and Senate, as affordability becomes a key issue in the upcoming 2026 midterm elections.
Democrats prolonged the recent government shutdown by demanding that sunsetting health care subsidies be restored to preserve coverage for millions; they later relented after GOP Senate leadership promised a vote on the issue next month.
A bipartisan group of legislators has already proposed a two-year extension of the health care assistance. However, the White House may be attempting to get ahead of the issue with its own plan. Trump’s reveal could come as soon as Monday, MS NOW reported, citing unnamed administration officials.
The “Healthcare Price Cuts Act” reportedly would seek to tamp down surges in health care premiums paid by people who buy medical insurance in the ACA marketplace.
Subsidy recipients would be required to pay a small minimum premium to avoid purported fraud in the program. Also, officials were working on a component that would make contributions to health savings accounts for people who opt into lower-premium health plans, MS NOW reported.
Republican congressional leaders reportedly were being briefed on the Trump administration plan Sunday.