S46119th CongressWALLET

Health Care Affordability Act of 2025

Sponsored By: Senator Jeanne Shaheen

Introduced

Summary

Permanently expands and increases premium tax credits for people who buy marketplace health insurance by making the ARPA and IRA changes permanent and removing the 400% income cap. The bill would apply to taxable years beginning after December 31, 2025.

Show full summary
  • Families and lower-income households — Would increase premium tax credit amounts and reduce monthly premiums by keeping the ARPA and IRA lower contribution rates.
  • Higher-income taxpayers — Would allow people with incomes above 400% of the federal poverty level to qualify for the premium tax credit.
  • All marketplace shoppers — Replaces the current formula with a sliding scale across six income tiers so household premium shares rise smoothly and top out at 8.5%.

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Bill Overview

Analyzed Economic Effects

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

More health premium tax help

This bill would change the refundable premium tax credit for Marketplace health plans. It would replace the current percentage rule with a six-tier table that sets the share of income you must pay toward premiums. The tiers are: up to 150% of poverty 0%; 150%–200% rising 0%→2%; 200%–250% rising 2%→4%; 250%–300% rising 4%→6%; 300%–400% rising 6%→8.5%; and 400%+ fixed at 8.5%. The bill would also remove the current 400%‑of‑poverty eligibility cap so people above 400% could qualify for the refundable credit. These changes would apply to tax years beginning after December 31, 2025.

Sponsors & CoSponsors

Sponsor

Jeanne Shaheen

NH • D

Cosponsors

  • Tammy Baldwin

    WI • D

    Sponsored 1/9/2025

  • Charles Schumer

    NY • D

    Sponsored 1/9/2025

  • Ron Wyden

    OR • D

    Sponsored 1/9/2025

  • Richard Blumenthal

    CT • D

    Sponsored 1/9/2025

  • Angus King

    ME • I

    Sponsored 1/9/2025

  • Maggie Hassan

    NH • D

    Sponsored 1/9/2025

  • Peter Welch

    VT • D

    Sponsored 1/9/2025

  • Timothy Kaine

    VA • D

    Sponsored 1/9/2025

  • Christopher Coons

    DE • D

    Sponsored 1/9/2025

  • Elizabeth Warren

    MA • D

    Sponsored 1/9/2025

  • Richard Durbin

    IL • D

    Sponsored 1/9/2025

  • Patty Murray

    WA • D

    Sponsored 1/9/2025

  • Raphael Warnock

    GA • D

    Sponsored 1/9/2025

  • Kirsten Gillibrand

    NY • D

    Sponsored 1/9/2025

  • John Reed

    RI • D

    Sponsored 1/9/2025

  • Tammy Duckworth

    IL • D

    Sponsored 1/9/2025

  • Chris Van Hollen

    MD • D

    Sponsored 1/9/2025

  • Catherine Cortez Masto

    NV • D

    Sponsored 1/9/2025

  • Brian Schatz

    HI • D

    Sponsored 1/9/2025

  • Alex Padilla

    CA • D

    Sponsored 1/9/2025

  • Tina Smith

    MN • D

    Sponsored 1/9/2025

  • Amy Klobuchar

    MN • D

    Sponsored 1/9/2025

  • Jacky Rosen

    NV • D

    Sponsored 1/9/2025

  • Mark Kelly

    AZ • D

    Sponsored 1/9/2025

  • Cory Booker

    NJ • D

    Sponsored 1/9/2025

  • Sheldon Whitehouse

    RI • D

    Sponsored 1/9/2025

  • Jeff Merkley

    OR • D

    Sponsored 1/9/2025

  • Adam Schiff

    CA • D

    Sponsored 1/9/2025

  • Mark Warner

    VA • D

    Sponsored 1/9/2025

  • Edward Markey

    MA • D

    Sponsored 1/9/2025

  • Sen. Luján, Ben Ray [D-NM]

    NM • D

    Sponsored 1/9/2025

  • Mazie Hirono

    HI • D

    Sponsored 1/9/2025

  • Michael Bennet

    CO • D

    Sponsored 1/9/2025

  • John Hickenlooper

    CO • D

    Sponsored 1/9/2025

  • Gary Peters

    MI • D

    Sponsored 1/9/2025

  • John Fetterman

    PA • D

    Sponsored 1/9/2025

  • Martin Heinrich

    NM • D

    Sponsored 1/9/2025

  • Andy Kim

    NJ • D

    Sponsored 1/9/2025

  • Elissa Slotkin

    MI • D

    Sponsored 1/9/2025

  • Christopher Murphy

    CT • D

    Sponsored 1/13/2025

  • Lisa Blunt Rochester

    DE • D

    Sponsored 1/23/2025

  • Ruben Gallego

    AZ • D

    Sponsored 4/9/2025

  • Angela Alsobrooks

    MD • D

    Sponsored 4/28/2025

  • Jon Ossoff

    GA • D

    Sponsored 7/21/2025

Roll Call Votes

No roll call votes available for this bill.

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