HEALTH

ACA premiums surge as subsidies set to lapse

ACA premiums are set to jump sharply next year, with costs up 26% on average, KFF reported as window shopping opened on healthcare.gov. Benchmark plans will rise 30% on the federal exchange and 17% on state-run marketplaces, and the lapse of enhanced premium subsidies means many enrollees’ payments could more than double. The stakes are fueling a Capitol Hill standoff amid an Oct. 1 shutdown; Democrats want the richer aid extended, while Republicans refuse talks until government reopens. CBO pegs a renewal at $350 billion. States warn of spikes in New Jersey and Colorado, and thousands losing assistance.

Reviewed by JQJO team

#obamacare #premiums #healthcare #enrollment #costs