The share of Affordable Care Act insurance customers in plans that cost more than $6,000 a year doubled, a sign of the squeeze on household budgets after Congress let Covid-era assistance expire.
The US Centers for Medicare and Medicaid Services posted data late Friday on ACA plans, also called Obamacare, that showed total enrollment this year dipping by about 5% to 23.1 million. That figure doesn’t yet count people who still may drop off plans because they can’t pay premiums, so the decline is expected to deepen.
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