(VIRGINIA MERCURY) - According to Virginia Mercury, several members of Virginia’s Democratic congressional delegation met virtually Monday morning to discuss their efforts to extend special tax credits that help people purchase health insurance through the Affordable Care Act marketplace. The credits will expire at the end of the year unless Congress renews them.
About 400,000 Virginians purchase health insurance through the state’s exchange, and some of those people qualify for Enhanced Premium Tax Credits, which were established in 2021, extended in 2022 and apply to people that earn between 100% and 400% of the federal poverty level. About 100,000 Virginians are expected to lose marketplace coverage , the state exchange’s director said.
Aetna has already pulled out of the market