ICYMI: Most Voters Back ACA Subsidy Extensions, Say They’re Important to Lower Costs

FOR IMMEDIATE RELEASE 
July 22, 2022

Contact: 
Jack Miller, Communications Director
[email protected]

ICYMI: Most Voters Back ACA Subsidy Extensions, Say They’re Important to Lower Costs

In Case You Missed It  new Morning Consult poll has found that two thirds of voters support extending Affordable Care Act subsidies and believe the subsidies are important to lower health care costs.

The survey, conducted between July 15 and July 17, also informed voters the subsidies were set to expire later this year and that the expiration will raise health care costs for those with ACA plans. In light of that information, 71% of voters said it was important to extend the ACA subsidies to address health care costs for plan participants.

Right now, the Senate is considering a reconciliation package to lower prescription drug costs and extend the ACA subsidies. This legislation is urgently needed to lower costs for families.

Read Morning Consult’s coverage here

KEY QUOTES:

  • Two in 3 voters support the renewal of ACA subsidies to address health care costs for participants in the exchanges. Manchin’s offer calls for a two-year extension of lowered ACA premiums, which were first implemented for the 2021 and 2022 coverage years via the American Rescue Plan.

  • The July 15-17 survey also asked voters to what extent they viewed a renewal of ACA subsidies as important, noting that they are set to expire later this year and that the expiration will raise health care costs for those with ACA plans. In light of that information, 71% of voters said it was important to extend the ACA subsidies to address health care costs for plan participants.

  • Failure to do so will likely result in assumed rates from insurers that don’t ultimately match reality. And if the subsidies do expire, nearly all 13 million subsidized enrollees will face higher out-of-pocket premium charges, with notices arriving in the months just ahead of November’s midterm elections, when Democrats will try to defend their thin majorities in the House and Senate.

  • A Morning Consult/Politico survey earlier this month found that Democrats’ plan to use reconciliation to allow Medicare to negotiate some prescription drug prices for older Americans is even more popular than the ACA extension, garnering the support of 76% of voters, including 71% of independents and 73% of Republicans. 

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The operation consists of two components: Invest in America, the charitable and public education arm, which is a fiscally sponsored project of Economic Security Project funded by the William and Flora Hewlett Foundation and Economic Security Project co-chair Chris Hughes; and Invest in America Action, the advocacy and social welfare arm, which is a fiscally sponsored project of Economic Security Project Action funded by Chris Hughes and the Omidyar Network.

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