End of Enhanced ACA Premium Tax Credits Could Double Individual Market Costs

The enhanced premium tax credits under the Affordable Care Act (ACA) that have helped reduce monthly insurance premiums are set to expire, according to insights from a former USDA Rural Development state director. The removal of these credits is projected to significantly increase the cost of individual marketplace health insurance, potentially doubling premiums for many consumers. This change highlights a critical shift in the health insurance landscape that affects affordability and access for individuals relying on the ACA marketplace coverage.