The proposed health insurance premium increases for 2026 are substantial, with an 11 percentage point rise compared to last year. This surge will be further compounded when individual federal subsidies expire at the end of 2025. A tracker found that 312 insurers have submitted proposals, revealing the largest premium jumps since 2018. Florida will be disproportionately affected, with 20% of its residents relying on the ACA Marketplace for healthcare - the highest proportion in the country.
The majority of these individuals currently receive premium subsidies. Changes to Medicaid are expected to impact a significant number of people, "with the Congressional Budget Office estimating that 7."7 million individuals will be without health insurance by 2034. While the Affordable Care Act provides health insurance options... the expiration of subsidies and changes to Medicaid will leave many vulnerable.
Note: The information in this article was first published in "The Arizona Republic".
The content provided does not appear to be about a well-known person. The Affordable Care Act (ACA), also known as Obamacare, has a complex history. Signed into law by President Barack Obama in 2010, the ACA aimed to increase healthcare accessibility and affordability for millions of Americans. One of its key features is the health insurance marketplace, where individuals and families can purchase insurance plans.
To make these plans more affordable, the ACA provides subsidies to eligible individuals and families based on their income levels. Over the years, the ACA has undergone several changes and updates. In 2021, President Joe Biden expanded the range of family incomes that qualify for government subsidies, making more middle-class families eligible for financial assistance.However... the impending expiration of individual federal subsidies for ACA premiums in 2025 is expected to have a significant impact on enrollees. The ACA has achieved notable successes, including reducing the number of uninsured Americans. According to the U. S. Census Bureau, "the uninsured rate declined from 16."3% in 2010 to 9. 1% in 2020.
Despite these achievements, "challenges persist.".. and ongoing debates surround the ACA's future and its effects on the US healthcare system.• • • •
And that premium percentage increase — about 11 percentage points greater than last year's — doesn't count the effect that most ACA enrollees will experience as individual federal subsidies for those premiums expire at the end of 2025 as expected. The tracker found that 312 insurers participating in ACA Healthcare Marketplaces had submitted proposals by this month for 2026 health plans that show the biggest premium jumps since 2018.• • • •
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