"Middle-income Americans ages 50 to 64 are most at risk, according to KFF data cited in a recent report from Kiplinger. This group is too young for Medicare and could see health care costs double or triple. Half of ACA enrollees eligible for the enhanced tax credit are ages 50 to 64, Jamie Cox, managing partner at Harris Financial Group, told Kiplinger. It's a budget buster. Health insurance is there to basically save your life. But it can also kill your retirement."
"Premiums for ACA Marketplace plans are expected to rise by an average of 18%. A 50-year-old earning around $62,600 could see annual costs jump from $5,328 to $9,828. A 64-year-old close to Medicare eligibility could face premiums of $16,500 an $11,000 increase over 2025 rates, according to KFF. Older marketplace enrollees face some of the largest financial burdens if the enhanced tax credits expire, KFF policy analyst Matt McGough wrote in a blog post."
"There is hope that lawmakers may extend ACA subsidies. On Jan. 8, the House passed a three-year extension, but the Senate is weighing a two-year plan with possible income caps and antifraud measures. President Donald Trump has signaled he might veto any extension leaving uncertainty for retirees and pre-Medicare Americans. Even with a temporary extension, experts warn that health care costs remain a long-term challenge."
Middle-income Americans ages 50 to 64 face high risk from expiring enhanced ACA tax credits and could see health care costs double or triple before Medicare eligibility. Premiums for ACA Marketplace plans are expected to rise about 18%, raising annual costs for a 50-year-old making roughly $62,600 from $5,328 to $9,828 and pushing premiums for a 64-year-old near Medicare to about $16,500. Half of enrollees eligible for enhanced credits are ages 50 to 64. Lawmakers are considering extensions with differing lengths and conditions, and presidential opposition could leave retirees and pre-Medicare Americans facing uncertain and potentially unsustainable costs.
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