Tens of millions of Americans are set to see their health insurance costs soar when subsidies under the Affordable Care Act expire at the end of this year. Health insurance premiums are expected to more than double or even triple for some 20 million people, pricing many out of healthcare coverage entirely. “We’ve done nothing as a country to control healthcare costs,” says Elisabeth Benjamin, vice president of health initiatives at the Community Service Society of New York and member of New York Mayor-elect Zohran Mamdani’s transition team. She discusses how premiums will work, how to seek help, what to watch for in alternative plans, and more.
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Luckily for me my health coverage hasn’t been subsidized and I’m type 1 diabetic so I’m already used to paying exorbitant amounts for me health insurance 😭 I’ll still be paying the same $900-ish per month next year