Nearly 100,000 Kentuckians who signed up for health insurance through the state exchange will likely have to grapple with increased health insurance premiums. Expanded federal tax credits for plans under the Affordable Care Act are set expire at the end of the year and insurance carriers propose rate hikes to the unsubsidized cost.
That’s if Congress fails to extend the federal tax credits, which has become one of the Democratic sticking points more than a week into the federal government shutdown. While some Republicans have expressed support for some kind of extension, they have pushed back against doing so in the stopgap funding measure.
Premiums could more than double for many subsidized plans due to the expiring tax credits, health policy research firm KFF estimates…