Impact of ACA Subsidy expiration

Inflation Reduction Act Health Insurance Subsidies: What is Their Impact and What Would Happen if They Expire?

A few headlines:

  • Annual Premium Payments Would Increase for All Subsidy Eligible Enrollees if Enhanced Subsidies Expire
  • Floridians and Texans Receive $1.9 and $1.3 Billion in Enhanced IRA Subsidies, Respectively, in 2023
  • The Vast Majority of Marketplace Enrollees Will Experience Significant Increases in Their Monthly Premium Payments if Enhanced Subsidies Expire
  • Among States Using HealthCare.gov, on Average, Premium Payments Would At Least Double in 12 States If Enhanced Subsidies Expire
  • Uncertainty over whether the enhanced subsidies would be extended (has already) led some insurers to increase premiums
Incomes most likely to be impacted
States most likely to be impacted
Most premiums will increase between 80 and 100+ pct

So what happens in states where both homeowners insurance and medical insurance are literally prohibitively expensive?

Comments are closed.

Start a Blog at WordPress.com.

Up ↑