Leighanne Safford and her husband, Lorry, pay just $278 a month for health insurance. But starting Jan. 1, their monthly premium could jump to as much as $1,800.
Safford’s family is among the millions who could be forced to pay hundreds of dollars more for their health insurance premiums next year as enhanced Affordable Care Act subsidies expire at the end of December.
The enhanced subsidies were put into place under the 2021 American Rescue Plan, which made ACA plans affordable for many middle-class families. The Inflation Reduction Act of 2022 extended the subsidies through 2025…