Summary
Many Americans who get health insurance through the Affordable Care Act (ACA) may see their premiums go up soon. This increase will happen unless an agreement is made to continue the financial help that lowers these costs.
Key Facts
- About 20 million Americans get their health insurance through ACA exchanges.
- These Americans might face higher insurance premiums in the coming weeks.
- The increase will happen if subsidies, which help lower the cost, are not extended.
- ACA, also known as Obamacare, is a law to make healthcare more affordable.
- The decision to extend subsidies is still pending.
- Without subsidies, many people may struggle to afford their healthcare premiums.
