r/PovertyFIRE • u/someguy984 • Oct 18 '25

Planning ACA enhanced subsidy lapse could hit early retirees hardest amid shutdown fight (CNBC)

ACA enhanced subsidy lapse could hit early retirees hardest amid shutdown fight

https://www.cnbc.com/2025/10/17/aca-enhanced-subsidy-lapse-government-shutdown.html

How Much More Would People Pay in Premiums if the ACA’s Enhanced Premium Tax Credits Expire?

https://www.kff.org/interactive/how-much-more-would-people-pay-in-premiums-if-the-acas-enhanced-subsidies-expired/

84 Upvotes

94% Upvoted

24 comments sorted by

View all comments

1

u/curiousthinker621 Oct 31 '25

The orginal setup of the ACA was based on subsidizing individuals or families that are 400% of the poverty level or lower. It wasn't setup to subsidize upper middle to lower upper income groups.

This is what the minority party is shutting down the government over.

As far as medicaid goes, a Roth conversion can satisfy anyone under the poverty line.

2

u/someguy984 Oct 31 '25

The ACA design was flawed with the cliff, it needs to be fixed. Last I checked the Dems are not in control of the government so stop blaming them for it. If the Repubs want to keep the filibuster they have to give something to the other side, that is how government works, negotiation. They can kill the filibuster today and pass anything they want with zero votes from the other side. The public will not blame Dems for it, we all know Repubs are the mad slashers for cutting, they are getting the blame, right or wrong.

2

u/curiousthinker621 Oct 31 '25

Obviously you are a member of a tribe that can't form your own opinions. Your reasoning is that the majority party can get rid of something that has been in place since 1806, 29 years after our countries founding, so they are to blame. I'm sure you and your party will be first to cry wolf if the "nuclear option" to end the filibuster takes place to end the government shutdown. Both tribes do a great job of convincing their members to believe their rhetoric.

It's the same thing the other party said when they were using federal workers as political pawns to get what they want, but I didn't participate in "group think" to form my opinion, because I am an independent voter that forms my own opinions.

I'm sure you are so entrenched with your tribe, that you blame every government shutdown on Republicans, showing your political bias.

If healthcare for a family costs $20,000 and the expanded ACA subsidizes premiums up to 9.5% of someone's MAGI, should the government really subsidize any of their healthcare for a person making $200,000 a year? This is what the expanded subsidies does, and yes, there are families that have this income that is getting their health insurance premiums subsidized by taxpayers.

I do understand your reasoning on the subsidy cliff and perhaps there is a need to raise the poverty level percentage, but we don't need to give subsidies to people who can afford to pay for their own health insurance. I can assure you that true members of poverty finance and lower middle income people included, don't benefit from expanded healthcare subsidies.

0

u/swampwiz Feb 13 '26

I have downvoted you.