Healthcare Subsidies Set to Expire Amid Political Turmoil

The U.S. federal healthcare subsidy, expanded during the pandemic under Obamacare, is close to expiration as the House advanced a Republican bill without renewing it. The bill threatens to raise costs for millions, as its provisions will decrease coverage and reduce federal deficits, igniting political disputes.

The expanded U.S. federal healthcare subsidy established during the pandemic under Obamacare is poised to expire, following the House of Representatives' advancement of a Republican healthcare bill. The 216-211 vote is likely its last on healthcare policy this year, dashing hopes for a continuation of the tax credit.

Democrats, who had sought a three-year extension of the Affordable Care Act subsidy, were thwarted as Republicans quelled their last-minute maneuvers. Some 24 million Americans who rely on the ACA program could face significantly higher costs come January 1, unless Congress intervenes.

The bipartisan debate over healthcare reflects broader political battles, with tensions high from the expiring subsidies causing government shutdowns earlier this fall. As the November 2026 elections loom, both parties remain entrenched, leaving Americans facing the prospect of increased premiums.

(With inputs from agencies.)