Many Americans would pay less for health insurance with expanded tax credits.
This bill would make health insurance more affordable for many Americans by expanding who can get help paying for it. It would remove the income limit for tax credits that lower monthly premiums and set new, lower percentages of income people would pay for coverage. It would also undo changes made by a previous health care law.
Today, premium tax credits to help pay for health insurance are generally not available to people whose household income is above 400 percent of the poverty line. Also, the amount of help depends on current rules. Specific health care changes made by Public Law 119-21 are in effect. If this bill passes, the income cap for these tax credits would be removed. New rules would also set lower percentages of income that people are expected to pay for health insurance, making the credits more generous for many income levels. These tax credit changes would take effect for tax years starting after December 31, 2025. The bill would also undo specific health care changes made by Public Law 119-21, which would take effect immediately if signed into law.
S 2556 · 119th Congress · July 30, 2025 · AI Summary by gemini-2.5-flash · 9/10
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29 filings mentioned this bill
Amounts reflect total quarterly lobbying spend reported to the Senate, not bill-specific spending. Source: Senate LDA filings.