Will Insurance Premiums Increase in Nevada if Obamacare Tax Credits Expire? - The Nevada Independent
Kaiser Family Foundation analysis finds ACA premiums could rise 114% in 2026 if tax credits expire, increasing costs significantly for millions relying on marketplace plans.
- On Nov. 1, open enrollment begins for ACA plans, but Congress is deadlocked during a government shutdown, leaving millions like Celia Monreal, 47, and Jorge Monreal, 57, uncertain about financial help.
- Because the enhanced credits expire on December 31, Democrats demand extension while Republicans tie negotiations to government funding, risking loss of subsidies created by the American Rescue Plan Act and extended by the Inflation Reduction Act.
- In some places, insurers projected extreme increases like Wyoming At-Large with a +693% spike, exceeding the 100% to 400% range, according to KFF.
- In Connecticut, a consumer report shows that almost 28,000 people would lose Access Health CT coverage, while 157,163 enrollees face average rate hikes of 17% if credits expire.
- Research from the Urban Institute projects about 4.8 million more uninsured people if enhanced credits lapse, while permanent extension would add 3.6 million insured by 2030 and rural hospitals face rising uncompensated care.
11 Articles
11 Articles
Will insurance premiums increase in Nevada if Obamacare tax credits expire? - The Nevada Independent
Yes. Monthly premiums for Nevadans purchasing health insurance through the state’s Affordable Care Act (ACA) marketplace will increase by $76 on average if enhanced tax credits expire, state data shows. The enhanced credits, a pandemic-era effort under President Joe Biden, increased existing subsidies and expanded eligibility to those whose income exceeds 400% of federal poverty levels (around $130,000 annually for a family of four). While the e…
Access Health costs will increase, even if tax credits extended
Access Health CT’s open enrollment is only weeks away, and there’s still a lot of uncertainty about who is eligible for the program. But one thing is clear: the cost of health care will increase. As a part of the American Rescue Plan Act in 2021, Congress introduced enhanced premium tax credits for the Affordable Care Act (ACA), intended to stabilize the healthcare market. A year later, these subsidies were extended to last until the end of 2025…
Rounds says 18,000 families in South Dakota could be impacted by expiring ACA tax credits, wants to find solutions
Senator Mike Rounds told KOTA Territory News this week that Democrats have privately floated ideas across the aisle as the stalemate continues, but Republicans will not negotiate until the government is reopened.
ACA Premiums Are Poised to Skyrocket
(MedPage Today) -- In the U.S., no politically driven healthcare crisis ever really ends. It just mutates. Case in point: the current debate over extending enhanced Affordable Care Act (ACA) health insurance tax credits, which will expire at the...
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