ACA Marketplace Tax Subsidy Expiration Threatens Coverage Affordability

The impending expiration of Affordable Care Act (ACA) tax subsidies at the end of the year poses significant challenges for Marketplace enrollees, with many indicating they would either seek more affordable plans or forgo health insurance if subsidy support lapses. Data from KFF reveals that 22 million Americans receiving these subsidies could see their annual premium costs more than double, rising from $888 to $1,904. A significant portion of enrollees, 58%, reported being unable to afford even a $300 increase in annual premiums, highlighting affordability issues within the health insurance marketplace.