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Extending Health Insurance Tax Credits and Lowering Healthcare Costs.

This Act aims to keep health insurance affordable for millions of Americans by extending key premium tax credit provisions. The changes ensure that individuals earning above 400% of the poverty line can still receive subsidies, preventing a sharp increase in their monthly premiums. The extension is financed by rescinding unspent funds previously allocated for assistance to Argentina.
Key points
Extends eligibility for health insurance subsidies (Premium Tax Credits) to individuals and families earning above 400% of the federal poverty line.
Maintains higher levels of financial assistance for insurance premiums, helping to lower monthly out-of-pocket costs for policyholders.
Unused funds designated for assistance to Argentina are canceled (rescinded) to offset the cost of extending these healthcare benefits.
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Status: Introduced
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Additional Information
Print number: 119_HR_6050
Sponsor: Rep. Horsford, Steven [D-NV-4]
Process start date: 2025-11-17