About 1 million Texans over the age of 45 who receive health insurance coverage through the federal Affordable Care Act will likely face monthly premiums of more than $1,000, the Austin American-Statesman reported. That accounts for one-fourth of the state’s 4 million ACA enrollees.
The Republican-led Congress has thus far refused to extend pandemic-era subsidies that reduced ACA premiums, a factor in the recent government shutdown. Part of the deal to reopen the government includes a promise to hold a vote on the issue in December, but it appears unlikely to pass.
Texas insurers have raised ACA premiums by an average of 35%, but the hikes have been even higher for older enrollees.
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