Analysis: ACA Health Insurance Premiums to Surge by 75% Next Year Due to Subsidy Expiration
By
geox
Crackling crust, pillowy middle. The kind of bagel that earns a second cup of coffee.
Summary
Health insurance premiums for Affordable Care Act (ACA) plans are expected to increase by 75% next year, according to a recent analysis by KFF. This surge is attributed to the expiration of financial subsidies that helped lower costs for consumers.
Key quotes
· 2 pulled"The average person who buys Affordable Care Act insurance will be paying 75% more for their premium."
"Summer is the time of year when health insurance companies set their rates for the following January and then submit those rates to state regulators."
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