Looming health insurance spikes for millions are at the heart of the government shutdown
At issue are tax credits that have made health insurance more affordable for millions of people since the COVID-19 pandemic. The subsidies, which go to low- and middle-income people who purchase health insurance through the Affordable Care Act, are slated to expire at the end of the year if
Some
Health insurance rates will skyrocket for millions without congressional action
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A record 24 million people have signed up for insurance coverage through the ACA, in large part because billions of dollars in subsidies have made the plans more affordable for many people.
With the expanded subsidies in place, some lower-income enrollees can get health care with no premiums, and high earners pay no more than 8.5% of their income. Eligibility for middle-class earners is also expanded.
When the tax credits expire at the end of 2025, enrollees across the income spectrum will see costs spike. Annual out-of-pocket premiums are estimated to increase by 114% — an average of
Millions expected to lose Medicaid coverage without changes to Trump's big bill
Republicans’ tax and spending bill passed this summer includes more than
Medicaid's programs, which serve low-income Americans, enroll roughly 78 million adults and children. The nonpartisan
Democrats say health care can’t wait
“In just a few days, notices will go out to tens of millions of Americans because of the Republican refusal to extend the Affordable Care Act tax credits,” House Democratic Leader
He added the higher health care costs millions of Americans are facing are coming “in an environment where the cost of living is already too high.”
At the
Republicans call for stopgap funding first, and a negotiation later
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“We didn’t ask
They've also falsely claimed that
Republican leaders have offered to negotiate with
“I will go to the
That might be easier said than done, with many
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Swenson reported from


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Wyomingites brace for spiking health insurance prices as marketplace changes loom
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