Gottheimer on Passage of Bill to Lower Health Care Costs for Families

Will Extend ACA Premium Tax Credits, Lower Premiums for Jersey Families

WASHINGTON, D.C. — Today, January 8, 2026, U.S. Congressman Josh Gottheimer (NJ-5) released the following statement:

“Just last week, the Affordable Care Act premium tax credits expired, and health insurance premiums skyrocketed — shooting up 175%, or $20,000 a year, for Jersey families. This marks a brutal and immediate hit to family budgets. Thousands will lose their health insurance. It’s totally unacceptable.

For months, I’ve been working with Democrats and Republicans to find common ground and actually get a deal done to bring down the cost of ACA premiums. Today’s bipartisan vote in the House extends the premium tax credits – it is a critical step to help rein in these costs. Now, we need the Senate to act immediately, pass it, and get it to the President’s desk. I won’t stop until this bill becomes law. The ACA premium tax credits are a lifeline for millions of Americans, helping make health care more affordable.”