Summary
If the financial help (subsidies) for the Affordable Care Act (also known as ACA or Obamacare) ends, people who use this health insurance might see their costs double. Efforts to keep these subsidies were part of recent government discussions, but no agreement was reached.
Key Facts
- Affordable Care Act subsidies might end at the end of the year.
- If they expire, average health insurance premiums could double.
- Some people could pay over $1,000 more each month.
- The subsidies were a central issue during the recent government shutdown.
- A deal to keep the subsidies was not reached in the discussions.
- Experts like Jonathan Cohn and Brian Blaze discussed the impacts of this issue.
