Thousands of Idahoans cancel health insurance plans on exchange ahead of subsidies ending
Overall, enrollment in health insurance plans on Your Health Idaho rose by 3% this year compared to last year, with more than 120,000 Idahoans enrolled in plans on the state exchange. But the exchange also saw twice as many people — nearly 8,850 — disenroll in health insurance plans, 24% less new enrollments, and more people shifting to cheaper insurance plans, where health care costs are higher.
Your Health Idaho Executive Director
"While we're certainly encouraged by the increase in enrollment, we're concerned about those that will find the plan they selected unaffordable and cancel coverage," he told the
In the coming months, Kelly said he expects another 20,000 Idahoans will cancel coverage due to affordability concerns. It'll likely take until April for enrollment to settle, he said, as Idahoans get a better sense of how their insurance premiums fit in their budget, and as insurance companies can cancel coverage for nonpayment.
Enhanced premium tax credits that deeply subsidize health insurance premiums on Affordable Care Act exchanges are set to expire at the end of this year, unless
'
"
In
So, she gets insurance on the exchange for her two kids, subsidized by the tax credits, Bazer said.
But when she got a raise at work recently — to help deal with the rising costs of her own private insurance plan — "there was just enough to kick my boys out of eligibility for the enhanced premium tax credit," she said.
"Even if they had been able to stay on, their premium was going to increase
Instead of extending tax credits, Idaho
In the
Crapo and fellow Republican Risch also voted against a Democratic bill in the
"If there is a crisis coming, it is entirely of the
Risch could not be reached for comment.



Republican leadership put the spotlight on health care crisis debate, letting Obamacare’s enhanced subsidies expire
Virtual Employee Health Benefits By Telehealth for Less Expand As Premium Rises
Advisor News
- Temporary tax hike to fill Medicaid gap heads to governor
- Iowa Senate sends health insurer tax increase to governor’s desk
- Temporary tax hike to fill Iowa Medicaid gap heads to governor’s desk
- Iowa Medicaid temporary tax plan draws sharp public opposition
- EDITORIAL: Make responsible tax cuts, increases
More Advisor NewsAnnuity News
- LIMRA: Final retail annuity sales total $464.1 billion in 2025
- How annuities can enhance retirement income for post-pension clients
- We can help find a loved one’s life insurance policy
- 2025: A record-breaking year for annuity sales via banks and BDs
- Lincoln Financial launches two new FIAs
More Annuity NewsHealth/Employee Benefits News
- Mizzou joins other insurers in cutting GLP‑1 weight‑loss drug coverage
- Marion County Democrats turn out for 'Pancakes and Politics'
- ‘Dysfunctional’ health care market blamed for skyrocketing costs
- Temporary tax hike to fill Medicaid gap heads to governor
- Boston Mayor Wu, unions strike deal to limit GLP-1 weight loss drug coverage amid ‘skyrocketing’ health costs
More Health/Employee Benefits NewsLife Insurance News
- Securian Financial Launches FlexTech™ to Make Embedded Protection Simple, Fast and Convenient
- How outdated beneficiary choices can derail your plans
- Best’s Commentary: Proposed Risk-Based Capital Change in Hong Kong Could Bolster Market’s Global Standing
- Retirement Tax Worries on the Rise Among Americans, Allianz Life Study Finds
- Lincoln Financial Recognized for Leadership in the Advancement of Long-Term Care Planning
More Life Insurance News