we are 12 days away from the deadline for Americans to get healthcare coverage starting January 1-- 12 days. Time is running out for us in Congress to act. Ultimately, we can all agree on one thing: Healthcare in America is unaffordable for families, for farmers, and for small businesses alike. This morning, the HELP Committee held a hearing called Making Health Care Affordable Again: Healing a Broken System. Many ideas were shared. But walking out of that hearing room only heightened my sense of urgency. You see, just 2 weeks ago, Senator Coons and Representative McBride and I met with the Central Delaware Chamber of Commerce, and the high cost of healthcare took up three quarters of the meeting. Like many Senators here, my office has received phone calls and emails about how devastating a lapse in ACA tax credits would be for our constituents. James from Selbyville, DE, reached out this morning to tell me his story. He said: My family's ACA premium will increase 110 percent without the continuation of the enhanced premium subsidy. One hundred ten percent. Let's break this down. The average income for a family of four in Sussex County, DE, is $78,000 a year. With a 110-percent increase, their premium could jump from $241 a month to $507 a month. That is a monthly increase of $266. That is more than the current premium cost. The increase cost works out to an additional $3,192 a year. How are families supposed to afford this?
Editor's note · Context
Discussing the urgency of healthcare coverage and the impact of ACA tax credit lapses.
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