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ACA Premiums Could Double Without Subsidy Renewal

ACA Premiums Could Double Without Subsidy Renewal

Published 7 months ago
Description

Health care costs could rise sharply next year. A new analysis from KFF finds Affordable Care Act premiums could increase 114%, from $888 to nearly $1,900 a year, if Congress fails to renew enhanced subsidies by year’s end. About 22 million Americans currently rely on those tax credits. Democrats are calling for immediate action with open enrollment beginning Nov. 1, while Republicans say they may revisit the issue later. Without a deal, millions could face sticker shock and even lose coverage.

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