Becker's Healthcare December 2, 2024
Enrollment in ACA plans hit a record high of 21.4 million in 2024, driven by premium subsidies.
The enhanced ACA subsidies, which offer premium assistance to individuals earning up to 400% of the federal poverty level, are set to expire at the end of 2025 unless Congress extends them. If allowed to lapse, premium costs could rise, potentially causing 3.4 million Americans to lose health coverage.
According to the Urban Institute, allowing premium subsidies to expire would increase uninsured rates by an estimated 16%...