MA Health Subsidies Faces Uncertainty as Boston Prepares Property Tax Hike

Massachusetts' health insurance exchange leader is in Washington, D.C., urging Congress to extend the enhanced Affordable Care Act subsidies, which are set to expire at the end of the year. Despite previous bipartisan agreements to vote on the extension, current prospects for renewal appear slim. This uncertainty is prompting some Massachusetts residents to drop their coverage amid anticipated premium increases. Simultaneously, the Boston City Council is set to approve a 13% property tax increase for homeowners starting in January. This decision follows a legislative stalemate, as the state Senate has yet to approve the city's home rule petition aimed at relieving residents by shifting more property tax burden onto businesses. The tax hike will translate to an average increase of $780 for single-family homeowners. In political developments, Massachusetts Treasurer Deb Goldberg faces a new challenge from Republican Elizabeth Dionne, a Belmont Select Board member with experience in real estate and venture capital. Dionne's campaign for the 2026 treasurer election may introduce new debates on state financial management. Weather forecasts indicate that parts of western Massachusetts may experience snowfall from an upcoming storm, while the Boston area is expected to see cold rain. Relevant weather updates are available through the National Weather Service. These developments collectively impact the Massachusetts insurance and financial sectors by influencing consumer costs, regulatory priorities, and political dynamics, highlighting ongoing challenges in health coverage affordability and municipal finance.