General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsACA health insurance will cost the average person 75% more next year, research shows
https://www.npr.org/sections/shots-health-news/2025/07/18/nx-s1-5471281/aca-health-insurance-premiums-obamacare-bbb-kffThis is due to the enhanced tax credits going away, not renewed in the big bullshit bill.

dalton99a
(89,477 posts)Ellipsis
(9,333 posts)I get that rates are going. What about premium tax credits?
GregariousGroundhog
(7,587 posts)At some point, the subsidies were extended so that premiums were capped at 8.5% of income, no matter how high a person's income became. With that provision sunsetting, those making more than 400% of the FPL are ineligible to be reimbursed for any share of the premiums. This means that a single person making $62,399 per year will have their monthly premium capped at $442, whereas a person who makes $62,401 per year will receive no subsidy; a scenario known as the "subsidy cliff", where earning just $1 more results in a person being expected to cough up several hundred dollars a month more in premiums. It creates a perverse incentive that makes people work fewer hours or to decline a pay raise in order to stay under the cap.
Ellipsis
(9,333 posts)leftstreet
(36,867 posts)Good explanation
sabbat hunter
(7,012 posts)I am pretty sure that the $62,399 number is AGI, not gross income. It makes it a tiny bit better. Not a lot but a tiny bit.
Response to Ellipsis (Reply #2)
chowder66 This message was self-deleted by its author.
BoRaGard
(6,400 posts)
GoodRaisin
(10,345 posts)They will no longer be able afford their insurance without such large subsidies.
h2ebits
(912 posts)Also, there are a number of companies that do not offer insurance to their employees and without the ACA, the employees do not have any insurance available to them.
Having been in the position of multiple layoffs over my career (with a family to support), it was no joke to not have any insurance available.
The day that I hit 65 was an extraordinary day of happiness because I no longer had to worry about having health insurance--I was eligible for Medicare.
Millions of people are in the same boat that I was.
What is happening in this country is a tragedy that just keeps happening to ALL of US.
GoodRaisin
(10,345 posts)This is why the magats that voted to lose their own insurance will be pissed off.
No?
IronLionZion
(49,473 posts)Making prices great again in an upward fashion to help companies make more money. Profit over people.
sabbat hunter
(7,012 posts)it is who is paying the insurance companies. The government used to subsidize the payments. Now it will fall directly on people who use ACA with AGI over ~$62k. So they were making profit over people either way.