health
26-year-old’s health insurance premiums spiked $700 after ACA subsidies ended: ‘Your stomach drops’
With enhanced ACA subsidies expired, health insurance premiums are estimated to more than double for many marketplace enrollees.
TL;DR
- Eileen Tyrrell's monthly health insurance premium increased from $147 to $849 after enhanced ACA subsidies expired.
- The enhanced subsidies, which removed income cutoffs and capped premiums, were not extended beyond 2025.
- Nationally, about 10% of people with ACA marketplace coverage last year are now uninsured.
- Premium payments for subsidized enrollees staying in the same plan are projected to more than double on average.
- The Congressional Budget Office estimates 2.2 million more people will be uninsured in 2026 due to the subsidy expiration.
- Efforts to restore the enhanced subsidies in Congress have stalled.
- Some states like New Mexico, California, and Maryland have introduced state-funded subsidies.
- Tyrrell switched to a catastrophic plan costing $257 per month but with a $12,000 deductible.