Millions are at risk of losing their health insurance if Congress chooses not to renew subsidies from the Affordable Care Act.
That’s the latest estimate from the Congressional Budget Office, which found that 3.4 million Americans will lose their health insurance if subsidies are not renewed.
The Affordable Care Act (ACA) is in a precarious position with President-elect Donald Trump set to take over the White House again in January as Republicans have been critical of the health insurance law.
Next year, Congress would need to vote on the ACA and whether to extend its run as subsidies are scheduled to expire at the end of 2025.
President-elect Donald Trump speaks at a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill on November 13 in Washington, D.C. Trump’s incoming presidency could threaten the ACA subsidies that millions of Americans… President-elect Donald Trump speaks at a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill on November 13 in Washington, D.C. Trump’s incoming presidency could threaten the ACA subsidies that millions of Americans rely on. More Allison Robbert-Pool/Getty Images