H.R.6703 — Lower Health Care Premiums for All Americans Act
House Roll Call
H.R.6703
| Bill | H.R.6703 — Lower Health Care Premiums for All Americans Act |
|---|---|
| Vote question | On Motion to Recommit |
| Vote type | Yea-and-Nay |
| Result | Failed |
| Totals | Yea 210 / Nay 218 / Present 0 / Not Voting 5 |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| R | 0 | 218 | 0 | 2 |
| D | 210 | 0 | 0 | 3 |
| I | 0 | 0 | 0 | 0 |
Research Brief
On Motion to Recommit
Bill Analysis
The Lower Health Care Premiums for All Americans Act (HR 6703) aims to reduce health insurance premiums for Americans by enhancing financial assistance for those purchasing coverage through the Health Insurance Marketplace. The bill proposes to extend and expand premium tax credits established under the Affordable Care Act (ACA), ensuring that individuals and families can access affordable health care.
Key provisions of the bill include the following:
Increased Premium Tax Credits: The legislation seeks to increase the amount of premium tax credits available to eligible individuals and families, thereby lowering out-of-pocket costs for health insurance coverage.
Expanded Eligibility: The bill broadens the eligibility criteria for premium tax credits, allowing more Americans, particularly those with middle-income levels, to qualify for financial assistance when purchasing health insurance.
Longer Duration of Benefits: HR 6703 proposes to extend the duration of enhanced premium tax credits beyond their current expiration, ensuring that beneficiaries can rely on this financial support for a longer period.
Funding and Authorities: The bill does not specify a direct funding mechanism but relies on adjustments to the existing tax credit framework under the ACA. It mandates that the Secretary of Health and Human Services and the Internal Revenue Service implement the necessary changes to facilitate the expanded benefits.
Agencies Affected: The primary agencies involved include the Department of Health and Human Services (HHS) and the Internal Revenue Service (IRS), which will oversee the implementation of the expanded tax credits.
Beneficiaries: The legislation primarily benefits low- to middle-income individuals and families who purchase health insurance through the Marketplace, as well as uninsured populations who may gain access to coverage due to lower premiums.
The bill was referred to the Committee on Energy and Commerce, along with the Committees on Education and Workforce and Ways and Means, for further consideration. The timeline for further action is to be determined by the Speaker of the House.
Yea (210)
J
Jason Crow
L
Lloyd Doggett
J
John Garamendi
J
John Mannion
R
Rashida Tlaib
N
Nydia Velázquez
D
Debbie Wasserman Schultz
Nay (218)
K
Ken Calvert
S
Scott Franklin
L
Lisa McClain
J
John Rutherford
D
David Schweikert
P
Pete Sessions
