3 Factors Driving Up Your Obamacare Premiums Next Year

Reported about 22 hours ago

Next year, many Americans using the Affordable Care Act will see their premiums rise due to the expiration of subsidies from the Biden administration, changes in the GOP tax bill affecting insurance practices, and a potential reduction in healthier enrollees. With the end of these financial aids, households may face substantial increases, particularly impacting freelancers and service workers. Additionally, as younger, healthier enrollees exit the market, insurance companies may raise premium rates to compensate for a sicker customer base.

Source: YAHOO

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