Bill > S3102

This bill extends two key provisions related to health insurance premium tax credits under the Affordable Care Act (ACA), effectively prolonging enhanced financial assistance for health insurance purchasers. First, the bill extends temporary enhanced premium tax credits (provided through Section 36B of the Internal Revenue Code) from January 1, 2026 to January 1, 2028, which means individuals and families will continue to receive more generous subsidies for purchasing health insurance through ACA marketplaces during this period. Second, the bill extends a provision that allows individuals and families with household incomes above 400% of the federal poverty line to still qualify for premium tax credits, again pushing this eligibility from 2026 to 2028. Additionally, the bill modifies the annual open enrollment period for health insurance exchanges for the 2026 plan year, extending the enrollment deadline to January 15, 2026, which gives consumers more time to select and sign up for health insurance plans. These changes are designed to maintain affordable health insurance access and provide continued support for individuals and families purchasing health coverage through the ACA marketplace.

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/3102/all-info