Political Quotes

On the recordNovember 7, 2025
That is a wonderful question. No. The Federal Government knows--or put it this way. Many States have calculated what the insurance rate would be with an enhanced premium tax credit and what will the insurance rate be without the enhanced premium tax credit. It has been calculated for our fellow Americans what the value of enhanced premium tax credits would be if they signed up for a certain policy in their State, given their age and their health condition. They know that. The question is whether they get the credit or not. Well, they are not going to get it, so their policy is going to be higher. And this, under the plan--if we could agree to it--they would then get the FSA in an amount equivalent to that which they did not receive as a payment to the insurance company. Instead, it would be a payment to the flexible savings account they would have and that they would then use it for these services.
Said by
Bill Cassidy
Republican · Louisiana

Editor's note · Context

Discussing the impact of enhanced premium tax credits on insurance rates and flexible savings accounts.

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