Americans can begin signing up for health care coverage through the Affordable Care Act marketplace for 2025 starting Friday, just days before a presidential election that could impact eligibility and costs for millions in the program. The future of 'Obamacare' has become a focal point in the final days of the campaign, with a top GOP leader pledging to overhaul the program if Republican Donald Trump wins the presidency.
Billions of dollars in tax credits are on the line, having been introduced during the COVID-19 pandemic to expand eligibility, make health insurance more affordable, and boost enrollment significantly. U.S. Health and Human Services Secretary Xavier Becerra highlighted that nearly all 21 million program beneficiaries have benefited from these subsidies, which are set to expire next year.
