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By ALI SWENSON

NEW YORK (AP) — When senators voted on rival health bills Thursday, they had two chances to address expiring COVID-era subsidies that will result in millions of Americans saddled with higher insurance costs in the new year.

But the Senate rejected both, and hopes of solving the problem this year are running dry. Affordable Care Act subsidies will end in three weeks, more than doubling the premiums for many with health coverage through the 2010 law known as “Obamacare.”

Meanwhile, the political stakes of rising premiums are looming as affordability concerns have emerged as a key issue for American voters going into the midterms next year.

Here’s a look at the subsidies in limbo, the proposals to address the problem a

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