Increasing cost of healthcare if tax subsidies not extended
Briefly

Increasing cost of healthcare if tax subsidies not extended
"Based on estimates from health research group KFF, Margot Sanger-Katz and Alicia Parlapiano, for NYT's the Upshot, show how much premiums rise if there is no tax subsidy extension. It varies by location, income, and age, with monthly premiums going up by more than $1,000 dollars in some places for older folks."
"Democrats want an extension now. Republicans say they'll discuss when the government reopens. Until they can agree, the government shutdown continues."
KFF estimates project that allowing the tax subsidy extension for health insurance to lapse will substantially increase marketplace premiums. Premium changes vary widely by state and county, by household income level, and by enrollee age. Older enrollees in some locations could face monthly premium increases exceeding $1,000. Many moderate-income and older adults would see the largest dollar increases, while younger and lower-cost areas would face smaller rises. Democrats are pushing for an immediate extension of the subsidies. Republicans say they will consider extension only after the government reopens, prolonging the shutdown until agreement.
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