S3385119th CongressWALLET

Lower Health Care Costs Act

Sponsored By: Senator Charles Schumer

In Committee

Summary

Extends the enhanced premium tax credit through 2028. This bill would keep higher premium assistance amounts in place and preserve the rule that lets some households with incomes above 400 percent of the poverty line claim the enhanced credit.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Lower premiums for Marketplace enrollees through 2028

If enacted, this bill would extend higher Marketplace premium tax credits through tax years that begin in 2028. Some people with income above 400% of the poverty line could still get the credit. Changes would apply to tax years beginning after December 31, 2025.

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Sponsors & CoSponsors

Sponsor

Charles Schumer

NY • D

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 51 • No: 48

senate vote • 12/11/2025

On the Cloture Motion S. 3385

Yes: 51 • No: 48

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