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Published 20 hours ago • loading... • Updated 8 hours ago
Millions dropped ObamaCare plans after subsidies ended
Federal data show premiums surged and unpaid bills after subsidy expirations, with KFF projecting enrollment could fall to 17.5 million.
About 3 million fewer people in the United States had Affordable Care Act health insurance plans in February compared with last year, representing a 13% decline from 22.1 million to 19.2 million.
The Department of Health and Human Services suggested the decline resulted from a federal crackdown on "phantom" enrollment, while millions faced double or triple-digit increases in their premium payments.
Affordable Care Act subsidies that expired this year were central to a bitter fight in Congress last fall, vital for gig workers, farmers, and others lacking employer coverage.
Cynthia Cox, a vice president at the healthcare research nonprofit KFF, stated that "real people lost their health insurance coverage," and KFF expects enrollment to decline to about 17.5 million.
Sharp cost increases across health insurance programs coincide with upcoming elections in November, where voters cite affordability as a top concern driving political debate.
New York., About 3 million Americans lost their Obamacare coverage – health insurance under the Low-Price Health Care (ACA) law – after they overcame subsidies and increased costs.