The Keep Healthcare Affordable Act extends and expands tax credits that help people afford health insurance premiums. Specifically, the bill extends enhanced premium tax credits through 2029 (rather than letting them expire in 2025) and, starting in 2026, allows higher-income families to qualify for these credits by raising the income limit from 400 percent of the federal poverty level to 1,000 percent. This means more middle- and upper-middle-class families would become eligible for government assistance in paying their insurance premiums. The bill takes effect for tax years beginning after December 31, 2025, and no specific new federal funding amount is mentioned in the text, as the credits come from existing tax code provisions. Overall, the legislation aims to keep health insurance more affordable for a broader range of American households in the coming years.
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