"At the heart of the fight over the government shutdown is the fate of health insurance for millions of Americans who may soon face an impossible choice: accept a significant increase in their premiums or take a gamble and forgo coverage. About 4.2 million people are expected to lose coverage if Congress fails to extend premium subsidies for Affordable Care Act plans, known as Obamacare, according to the Congressional Budget Office."
"A separate analysis by KFF found that without the subsidies, which are set to expire at the end of the year, average annual premiums would more than double from $888 this year to $1,904 in 2026. Democrats want the subsidies extended permanently, while Republicans are ready to let them lapse. Democrats also want to restore the Medicaid funding cut from the One Big Beautiful Bill Act."
"In the complex U.S. health care system, the public has long struggled to understand how policy changes might affect them. And the topic of ACA subsidies is particularly complicated. One issue is that the expiration of the additional tax credits, which more than 90% of current enrollees qualify for, won't affect everyone equally. Some will see steep rate hikes as they lose subsidies altogether. Others will continue to receive some help, albeit less of it."
Millions of Americans face higher insurance costs or loss of coverage if premium subsidies for Affordable Care Act plans expire. The Congressional Budget Office projects about 4.2 million people could lose coverage. KFF analysis estimates average annual premiums would rise from $888 to $1,904 in 2026 without subsidies. Democrats seek permanent subsidy extensions and restoration of Medicaid funding cut from the One Big Beautiful Bill Act; Republicans are willing to let subsidies lapse. The expiration will affect enrollees unevenly: over 90% qualify for additional tax credits but some will lose most assistance. Insurer price increases and uncertainty further raise costs.
Read at www.mercurynews.com
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