In a Newsweek article, Jasmine Laws, discusses how health insurance premiums are expected to increase across the country, with the possibility of certain states experiences much higher increases. While the enhanced tax credits were originally implemented by former President Joe Biden for those using ACA marketplaces are set to expire at the end of 2025 are impacting the increase in premium costs, there are also a number of other factors affecting these costs including inflation, labor costs, and high-priced drugs. Richard Scheffler, tells Newsweek, that “rises in premium costs are routine.”
Read the full article here.