Bobby Harrison: Rising insurance exchange costs bad for working poor
According to The Associated Press,
It could be logically argued that the higher costs of the insurance policies obtained on the exchange impact
In the 40 states that have expanded Medicaid, many of their low income people do not have to depend on the health care exchange for coverage. They can sign up for expanded Medicaid to obtain health care. But in
So, when the Joe Biden administration pushed through legislation to greatly enhance the already existing federal subsidies for exchange health insurance policies, the working poor in
Of the 10 states with the recent highest declines in ACA enrollment after the enhanced subsidies ended,
The enhanced subsidies ended in
As a result of the enhanced subsidies ending, KFF estimated that a 40-year-old Jacksonian earning
Based on that calculation, it should not be a surprise that Mississippians are dropping the health insurance exchange policies. After all, they are dealing with higher costs for groceries, gasoline and other necessities at the same time they are being hit with higher health care insurance costs.
They are making the decision to drop the health insurance policies and hoping they do not get sick and understanding that if they do face a major medical bill with no insurance, they will be unable to pay it. The medical bills they cannot pay place a burden not only on them and their families, but also on the overall state health care system that must absorb those unpaid costs.
In short,
But the fact that poor Mississippians, facing higher costs, cannot afford health care should not be a surprise.
Is it even news?
Like the old adage goes, it is not news when dog bites man. It is news when man bites dog or when a poor Mississippian actually has access to decent health care.
The post


New Managed Care Findings from Brown University Reported (Prior Authorization In Medicare Advantage: Beneficiary Exposure And Plan Disenrollment In 2021): Managed Care
Wright National Flood Insurance Company announces agreement with First Insurance Co. of Hawaii: Wright National Flood Insurance Company
Advisor News
- Semi-retirement: helping clients balance flexibility with financial security
- The 6X Formula for leveraging content marketing with AI
- When a home becomes difficult to insure, the plan changes
- The inheritance gap: Helping clients plan for money that hasn’t arrived
- After the midterms: Addressing your clients’ tax concerns
More Advisor NewsAnnuity News
- Athene CEO criticizes offshore reinsurance, risk-taking by competitors
- DOL, trade groups, state AGs file briefs supporting Alcoa in PRT lawsuit
- John Hancock launches new fixed indexed annuity suite
- Annuities to play a larger role in workplace retirement plans
- FHLBank Pittsburgh Announces Results in 2026 Board Election
More Annuity NewsHealth/Employee Benefits News
- Patients with 3 health insurance plans lose access to Miami health network
- Open enrollment for 2027 health insurance underway: shop and compare
- A Miami hospital network just dropped 3 health insurance plans. See the changes
- Centene to lay off 69 employees early next year
- CVS is planning a huge corporate breakup after drug price criticism. Did Louisiana play a role?
More Health/Employee Benefits NewsLife Insurance News
- AM Best Affirms Credit Ratings of Fubon Insurance Vietnam Co., Ltd.
- Three lawsuits put life insurers’ cost-of-insurance practices under scrutiny
- Military Briefs: November 12-18
- Security Benefit Series B Preferred Stock Dividend Rate Resets to 10.286%
- FHLBank Pittsburgh Announces Results in 2026 Board Election
More Life Insurance News