Millions of Americans Are Going Uninsured Following Expiration of ACA Subsidies

Nearly one in 10 people who had Affordable Care Act plans last year dropped health insurance altogether, after premium costs rose sharply because of the expiration of federal subsidies, according to a new survey. Most of those who remained in ACA plans reported larger out-of-pocket healthcare expenses in the form of higher copays, coinsurance or deductibles, according to the survey from health-research nonprofit KFF. About one-sixth of those who still have ACA coverage, or 17%, weren’t sure they would be able to afford their new premium payments for the entire year, indicating more people might drop insurance as the year goes on.

Read the full article: Millions of Americans Are Going Uninsured Following Expiration of ACA Subsidies //

Source: https://www.wsj.com/health/healthcare/millions-of-americans-are-going-uninsured-following-expiration-of-aca-subsidies-0051240d

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