Senate Works on Bipartisan Obamacare Subsidy Extension as Expiration Nears
Obamacare subsidies are set to expire after Congress failed to act, risking higher out-of-pocket costs for millions whose premiums vary by state.
Senator Susan Collins (R‑Maine) and a bipartisan group including Senator Bernie Moreno (R‑Ohio) are drafting a plan to extend the subsidies with reforms.
Their initial proposal includes extending subsidies for two years, capping eligibility at households earning up to $200,000, and requiring a $25 monthly payment to reduce zero‑cost premiums and prevent fraud.
Democrats prefer a relatively clean, multiyear extension, while Republicans seek reforms and an off‑ramp to phase out the subsidies.
Meanwhile, the House is pursuing its own extension effort, reportedly mirroring a three‑year extension, with a vote expected next month.
The Senate has not yet produced a bill and leadership has signaled uncertainty about bringing a floor vote amid competing pressures from the House and within the parties.
Some Republicans view the momentum in the House as a pressure point that could influence Senate negotiations on the subsidies.
