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Small Business Owners Uneasy over ACA
Marketplace premiums rise 26% as insurers hike rates amid Congress's delay on extending ACA tax credits, forcing consumers to face higher costs or risk going uninsured.
- With less than a month until Dec. 15, open enrollment faces higher prices as U.S. Congress failed to extend enhanced tax credits, and KFF found marketplace premiums are rising by 26%.
- Insurers preemptively raised rates, arguing healthier enrollees may skip signing up without tax credits, while the government shutdown ended without resolving the fight and Senate Republicans promised a vote before year-end.
- A sampling of enrollees shows premiums rising from cents to hundreds, as Chris O'Donnell faces $2,155 next year, Kristine Weidner sees $1,691, and Genna Boatright says she `absolutely cannot afford` $700.
- Small-Business owners warn the spike could force closures or return to employer plans, while Robert Bixon faces $4,500 monthly premiums but won't risk going uninsured.
- People fear another round of double-digit increases, noting consumers and enrollees worry prices could rise 20% or 30% in future years and small-business owners risk losing pandemic-era subsidies.
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12 Articles
12 Articles
Coverage Details
Total News Sources12
Leaning Left1Leaning Right0Center10Last UpdatedBias Distribution91% Center
Bias Distribution
- 91% of the sources are Center
91% Center
C 91%
Factuality
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