Republicans face new pressure to extend expiring Obamacare tax credits
(NBC News) WASHINGTON Kenny Capps is a cancer patient who has been battling multiple myeloma for a decade. A 53-year-old father of three children who lives in North Carolina, he was on the brink of losing his health insurance coverage due to rising costs until Democrats passed an Obamacare funding boost four years ago.
Thanks to the enhanced premium tax credits, we were able to keep affording insurance, Capps told NBC News during a recent visit to Washington to raise awareness about the issue. It had almost doubled to the point of my mortgage at that time, so I was getting close to the point of having to make decisions as to whether I was going to pay my bills or have health insurance.
Capps makes too much money to qualify for Medicaid. He falls outside the subsidy range originally set by Obamacare, also known as the Affordable Care Act. And his income hasnt been keeping up with the ever-rising cost of health care. Like a lot of Americans, he said, Im stuck in the middle.
https://www.yahoo.com/news/republicans-face-pressure-extend-expiring-100000008.html