ACA Premiums Could Double Without Subsidy Renewal

Health care costs could rise sharply next year. A new analysis from KFF finds Affordable Care Act premiums could increase 114%, from $888 to nearly $1,900 a year, if Congress fails to renew enhanced subsidies by year’s end. About 22 million Americans currently rely on those tax credits. Democrats are calling for immediate action with open enrollment beginning Nov. 1, while Republicans say they may revisit the issue later. Without a deal, millions could face sticker shock and even lose coverage. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.