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ACA Premiums Surge, Millions Face Unaffordable Costs
Millions of Americans face steep health insurance cost increases due to expired Affordable Care Act tax credits, with average premiums jumping 114%. This leaves self-employed workers, small business owners, and others without employer coverage feeling the squeeze. The political stalemate over renewing the credits has led to a government shutdown and failed attempts at compromise. Analysts warn that this could drive 4.8 million people, particularly younger and healthier individuals, to drop coverage, potentially making the program more expensive for older, sicker enrollees. Moderate Republicans are pushing for a three-year extension, but its fate in the Senate remains uncertain. As midterms approach, families like Katelin Provosts hope for quick relief before more go uninsured.
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Published on 5 days, 8 hours ago