Expect Significant Premium Increases During ACA Open Enrollment
The upcoming ACA open enrollment starting Nov. 1 faces uncertainty due to potential expiration of enhanced premium tax credits, which could significantly increase premiums for many enrollees. Consumers should stay informed about legislative developments, update their account information, and carefully compare plan costs, especially if subsidies are not extended. Planning and flexibility are key, as lawmakers may still act to influence premiums and subsidies before the enrollment deadline.