Rates Set to Double for Many HealthSource RI Customers

Affordable Care Act premiums are about to soar in North Carolina

While Republicans in D.C. are blocking renewed Affordable Care Act subsidies, North Carolina is passing along steep rate hikes for health care coverage. It’s expected to push costs even higher. As health care costs continue to climb, North Carolina has approved steep rate hikes for coverage under the Affordable Care Act, Mike Causey, the state’s insurance commissioner, announced Oct. 28. The hikes to the underlying cost of Affordable Care Act co…

Affordable Care Act premiums to increase as tax credit goes away

Enrollment for the Affordable Care Act opened on November 1, and Americans can expect to see the most significant increase in costs since the law took effect over a decade ago.The new national average for premiums through the ACA is approximately 30%, although some states may experience higher spikes.Oklahomans using the health insurance marketplace are facing significant premium increases, ranging from 15% to 75%, as enhanced premium tax credit…

Rates set to double for many HealthSource RI customers

PROVIDENCE, R.I. (WPRI) — HealthSource RI says its average customer will see their monthly bill double, with a federal benefit set to expire. The enhanced federal tax benefits were established in 2014 under the Affordable Care Act. But the benefit that's set to expire at the end of the year has been at the center of the government shutdown stalemate over the last month. "We will work on fixing the bad health care that we have," President Donald …

ACA Open Enrollment Reveals Increase In Monthly Premiums

Source: Anadolu / Getty COVID-era subsidies for Affordable Care Act (ACA) insurance have been a hot-button issue in recent months. So much so that the entire federal government is shut down over the GOP’s refusal to extend them. Senate Democrats have argued that without the subsidies, millions will become uninsured in the upcoming year due to being priced out. The open enrollment period for ACA insurance began over the weekend, and the price inc…

HealthSource RI monthly premiums set to double, on average, with federal tax credits expiring - The Boston Globe

Rhode Island’s health care exchange estimates the higher costs may lead to more than 13,000 people dropping coverage.