There are 280,000, mostly low-income Mississippians receiving health insurance through the marketplace exchange.
Health insurance for low-income Mississippians will jump 160% when Biden-era subsidies end by Bobby Harrison, Mississippi Today August 5, 2024 Health insurance costs will increase an average of $480 annually or 160% for Mississippians on the Affordable Care Act marketplace health insurance exchange in 2026 unless Congress takes action to extend federal subsidies The enhanced subsidies that were enacted during COVID-19 and extended through the federal Inflation Reduction Act are scheduled to end...
The KFF study -- Inflation Reduction Act Health Insurance Subsidies: What is Their Impact and What Would Happen if They Expire – estimates that nationwide 21.4 million people receive health insurance through the exchange and 19.7 million of those people receive the enhanced subsidies. Because of legislation passed during Biden’s tenure, people earning less than 150% of the federal poverty level pay little or no monthly premiums.
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