A new Democratic counterproposal attaching a one-year extension to expiring Obamacare subsidies alongside a package of funding measures to end the ongoing government shutdown has been rejected by Senate Republicans.
With pandemic-era subsidies for people buying health insurance on the
A one-year extension may boost profits for insurers with ACA marketplace businesses, as suggested by critics who say it benefits insurers at taxpayers' expense.
Republicans argue that extending subsidies is a nonstarter and mainly benefits insurance companies, potentially leading to increased profits at the expense of taxpayers and consumers.
Elevance Health, UnitedHealth Group, CVS Health's Aetna, Centene, Molina Healthcare, and Oscar Health are among major insurers with significant ACA marketplace businesses.