Expiration of ACA Credits Threatens U.S. Health Insurance Costs

Reported about 12 hours ago

The ongoing U.S. government shutdown is partly due to negotiations over renewing tax credits for the Affordable Care Act (ACA), which are set to expire at the end of the year. Dr. Ezekiel Emanuel warns that if these subsidies are not renewed, average family premiums could skyrocket from $888 to over $1,900, leading to a loss of insured individuals and a 'terrible cost spiral' in healthcare, further increasing the number of uninsured and raising costs for those who remain insured.

Source: YAHOO

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