Expiring Subsidies and Skyrocketing Premiums: ACA Insurance By the Numbers
Absent a last minute legislative fix, the end of enhanced subsidies in the Affordable Care Act (ACA) will present immediate shocks to the US health care system. Insurance premiums will rise considerably for tens of millions of people.
As this crisis nears, here are just some of the notable numbers to keep in mind.
2222 Million
The number of people who receive the enhanced subsidies.
4.84.8 Million
The number of people who will lose insurance coverage in 2026 if the subsidies expire (Urban Institute).
2626 Percent
The amount that the average benchmark monthly premium has already increased for next year.
114114 Percent
The increase in the average premium payment for 2026 (from $888 to $1,904) if the subsidies expire.
9090 Percent
The average premium increase in rural areas if enhanced subsidies expire. (KFF)
3,3683,368 $
The annual increased dollar amount that a family of four with a household income of $75,000 would pay (Table 1).
573573 Percent
The average increase in premium payment for a benchmark silver plan for a 45 year old who earns $25,000 per year (Figure 5).
339,100339,100
The number of jobs that are expected to be lost next year if the enhanced subsidies expire – over half of which will not be in the health care sector.
This first appeared on CEPR.
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