The latest stimulus Bill significantly increases premium subsidies under the ACA and further limits out of pocket costs … for two years!
The expanded tax credits would increase federal deficits by about $34 billion over 10 years, according to a February analysis by the Congressional Budget Office. The initiative would expand health insurance through the exchanges by 1.7 million people in 2022.Wall Street Journal
Spending on government programs is projected on a ten year period even though in this case the expense is limited to two years … in theory that is.🧐
Nobody seriously thinks that after two years these new subsidies will be allowed to disappear allowing premiums to jump dramatically.
It’s no doubt intended to be a long-term commitment… once again muddying the health care waters.
Is it necessary to mention that politicians have once again created a long-term obligation and liability without any funding to support it?