WASHINGTON, D.C. – U.S. Senator Jacky Rosen (D-NV) helped introduce legislation that would make permanent the enhanced premium tax credits for the Health Insurance Marketplace, which make health care coverage more affordable and accessible for millions of Americans. These tax credits were established by the Affordable Care Act and enhanced via the American Rescue Plan Act, and Senator Rosen played a leading role in securing a three-year extension of the enhanced credits as part of the Inflation Reduction Act. Currently, the more generous tax credits are set to expire at the end of 2025.
“The Affordable Care Act’s enhanced premium tax credits have made health care more accessible and affordable for hardworking Nevada families, which is why I led the push to expand them for three years when we passed the Inflation Reduction Act,” said Senator Rosen. “With these tax credits set to expire at the end of next year, I helped introduce legislation to make them permanent and allow Nevadans’ health insurance to stay affordable.”
Senator Rosen has been leading the fight to increase access to quality, affordable health care. She helped pass legislation to give Medicare the power to negotiate lower prescription drug prices and cap insulin at $35/month. Earlier this year, Senator Rosen held a roundtable to discuss efforts to improve health care access for veterans and helped introduce bipartisan legislation to officially authorize the construction of a new veterans hospital in Reno. Senator Rosen has also encouraged Nevadans to sign up for health care coverage through Nevada’s health care marketplace during the open enrollment period.
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