Millions risk health coverage as they skip paying higher Obamacare premiums
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About 14% of Affordable Care Act enrollees didn't pay their premiums in January, risking health coverage loss. If the trend continues, around 3 million people could lose coverage.
A new report shows that 14% of Affordable Care Act enrollees didn't pay their premiums in January. The Centers for Medicare & Medicaid Services has already announced a drop in ACA enrollment this year. About 23 million Americans were enrolled in ACA plans through the federal government's platform or state-based exchanges. If the 14% who didn't pay premiums in January continue to not pay, roughly 3 million more people will lose health coverage. Health policy experts predict that up to 6 million people might drop off ACA coverage by the end of the year due to higher premiums and the expiration of enhanced subsidies. The enhanced subsidies, introduced in 2021, made coverage more affordable, but their expiration has led to increased premiums.
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