Sanders referenced projections from KFF showing that without the subsidies, premiums could rise by over 75%, significantly impacting around 20 million enrollees and contributing to this year's record 24.3 million sign-ups.

Democrats are demanding that the subsidy extension be included in any government funding legislation, with Senate Democratic Leader Chuck Schumer emphasizing a united front among Democrats to oppose the cuts and advocate for renewal.

Sen. Bernie Sanders warned that if the enhanced federal subsidies for Obamacare expire at the end of the year, premiums for around 20 million Americans could increase by approximately 75%, based on projections from the Kaiser Family Foundation (KFF).

Sanders emphasized that without these subsidies, healthcare costs would surge, contributing to the highest global healthcare costs and worsening affordability issues.

This debate over extending subsidies is unfolding amid broader political tensions, with Democrats pushing to include the extension in government funding legislation and Republicans emphasizing fiscal responsibility.

The ongoing legislative standoff, with some GOP members wary of a potential premium hike in 2026 if Congress fails to act, is putting pressure on lawmakers to reach a deal before the October 1 shutdown deadline, as industry data suggests many insurers plan double-digit rate increases if subsidies expire.

Republicans argue that the expanded aid was temporary and costly, and some leaders believe health policy should not be tied to short-term funding bills, though the issue remains a key point in shutdown negotiations.

Industry data indicates many insurers are proposing double-digit rate hikes if the subsidies are not renewed, which could lead to increased premiums and financial strain for consumers.