Growing number of local residents depend on ACA subsidies
A growing number of
This year, 3,516
By comparison, that is more than double the 1,671 local residents who received the subsidies in 2023 and up from 942 residents in 2021. The average subsidy this year among
The subsidies go to low- and middle-income people who purchase health insurance through the ACA and do not receive coverage through an employer, Medicare or Medicaid,
The amount of financial assistance available to people buying coverage through the ACA was increased in 2021 under President
Since the expansion, enrollment in the health insurance through the ACA has more than doubled nationwide — and nearly quadrupled in
Without congressional action, the additional help will expire at the end of the year, according to wire reports. Their expiration would more than double what subsidized enrollees currently pay for premiums next year, according to an analysis by KFF, a nonprofit that researches health care issues.
For instance, a family of four in
"There are so many needs out there. We want to fund school lunches. We want to fund affordable housing. We want safe, clean air. …The question is should we spend as we did (during the pandemic)? Or is there a different way to use the money?" said
At the same time, local non-profits, including
"People are already struggling," said
"Whether it be housing costs going up or subsidies for health insurance going away or cuts in SNAP benefits, it just puts a squeeze on a family's budget and it's going to show up somewhere, whether it's utilities, whether it's food or rent," Daugherty added. "…It all works together, and whenever there's a cut, it just hurts those people that much more."
At the national level,
The two sides are also offering starkly different visions of the Affordable Care Act and how to deal with the expanded premium assistance that will soon expire for millions of people —
"
It's unclear how the impasse will end, even as hundreds of thousands of federal workers are going unpaid and many government services are slowed or suspended, according to the AP.
There are some
Now, some of them see the
The
With leaders at odds, some rank-and-file senators in both parties have been in private talks to try to find a way out of the shutdown, according to wire reports. Republican Sen.
But many
Featured Local Savings


Shutdown fight over insurance will cost GOP
POWERING OPPORTUNITY AND EFFICIENCY: COMMISSIONER LARA HIGHLIGHTS $6.7 BILLION ECONOMIC IMPACT OF DIVERSE BUSINESSES IN INSURANCE INDUSTRY
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
- Viewpoint: We need Medicare for all
- A 'critical service': Senior centers help local residents navigate complexities of Medicare coverage
- Cost of employer-sponsored health insurance plans rises again, nonpartisan survey finds
- Sen. Baldwin proposes lowering Medicare eligibility age to 50
- SENS. OSSOFF CONTINUING PUSH TO BAN HEALTH INSURANCE COMPANIES FROM DENYING OR DELAYING NEEDED HEALTH CARE
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