(The Center Square) – With millions of Americans’ health insurance premiums projected to rise in 2026, due partially to enhanced Obamacare subsidies expiring, Republicans are eyeing health savings accounts as a solution.

“Both sides agree the cost of health care is too high. But sending billions of dollars to insurance companies while premiums continue to rise and the deficit continues to grow is not a solution,” Sen. Mike Crapo, R-Idaho, Chairman of the Senate Finance Committee, said in a Wednesday hearing.

Crapo reiterated the general view of Republicans that renewing the enhanced Obamacare Premium Tax Credits, which are set to revert to original pre-pandemic levels on Dec. 31, will do nothing to address rising health care costs.

The taxpayer-funded PTC – established under the Afforda

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