Republican bill for health insurance fund fails to advance in Senate
TL/DR –
A Republican bill proposing new federal subsidies to help Americans fund health insurance savings accounts was not gaining enough votes to progress in the U.S. Senate on Thursday. The bill was intended as an alternative to extending Affordable Care Act subsidies that are due to expire at the end of December. The news was reported by Richard Cowan and edited by Scott Malone.
Republican Health Insurance Savings Account Bill Struggles in U.S. Senate
On December 11, a Republican-proposed bill aimed at creating new federal subsidies for American health insurance savings accounts faced challenges in the U.S. Senate. The intent of the bill is to provide an alternative to extending the expiring Affordable Care Act subsidies set to end on December 31. However, the legislation struggled to secure the required votes to progress.
For updates on the progress of this controversial health insurance savings account bill, stay tuned.
Source: Reuters. Edits by Scott Malone. Copyright 2025 Thomson Reuters.
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