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Fortune
Fortune
Jason Ma

Trump reportedly seeks to extend ACA subsidies as affordability push finds common ground with Mamdani; Centene, Oscar shares jump

(Credit: Stefani Reynolds—Bloomberg/Getty Images)

President Donald Trump will propose a two-year extension to enhanced subsidies under the Affordable Care Act to avoid a massive spike in premiums next year, sources told Politico.

The proposal would require a minimum premium payment and limit eligibility for the subsidies, which come in the form of tax credits, to enrollees with income up to 700% of the federal poverty line, the report said.

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