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New Mexico's Healthcare Marketplace Sees Record Enrollment

Premiums rise by an average of 114% for 22 million ACA enrollees after COVID-era subsidy expiration; Congressional debate continues over potential extensions.

  • Wednesday, enhanced premium tax subsidies for Affordable Care Act policies expired at midnight Wednesday, ending expanded assistance that lowered marketplace costs as Congress left without extending aid after months of debate.
  • The subsidies were expanded in the American Rescue Plan and extended through 2025 under the Inflation Reduction Act, but Republicans in Congress blocked further extensions and the Senate rejected similar bills last month.
  • About 22 million ACA enrollees will face higher costs, with KFF projecting monthly premiums to rise from $888 in 2025 to $1,904 in 2026, and about 4 million Americans expected to become uninsured.
  • Hospitals and providers face immediate financial strain, with The Commonwealth Fund analysis projecting $1.6 billion revenue decline at more than 1,700 hospitals and health insurers bracing for member exits.
  • The House is scheduled to vote on a three-year extension, with Congress set to reconvene and consider options that may include retroactive or tied to a special enrollment period.
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Chicago Sun TimesChicago Sun Times
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As the clock struck midnight on New Year's Day, health insurance costs for thousands of Illinois residents doubled as Affordable Care Act (ACA) tax credits expired. More than 500,000 Illinois residents are enrolled in Affordable Care Act plans, commonly known as Obamacare, including approximately 360,000 people in Cook County. “For millions of people, these subsidies are the difference between having health coverage and having no care at all,” s…

·Chicago, United States
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ramaonhealthcare.com broke the news on Thursday, January 1, 2026.
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