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The Independent UK
The Independent UK
John Bowden

Senate fails to advance bills to avert massive Obamacare premiums hike for millions of Americans

Senators on Capitol Hill failed to advance two pieces of legislation on Thursday that would have addressed the imminent spiking of healthcare costs for millions of Americans.

The two proposals included a Republican plan that would have morphed expiring federal subsidies that currently address those annual premium costs into payments to health savings accounts (HSAs) for Americans seeking to buy insurance as well as a Democratic plan that would have extended those subsidies for two years.

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