Friday, May 1, 2026

Obamacare Enrollment Drops Sharply as Costs Rise

 Obamacare Enrollment Drops Sharply as Costs Rise - The New York Times

Americans can’t afford the higher health insurance premiums that resulted from Congress’s refusal to extend federal tax credits.

Initial sign-ups had already fallen by about 1.2 million people. But insurance companies, state officials and industry analysts are reporting that many more have lost Obamacare coverage now that people are facing long-term higher costs. Many insurers and analysts are estimating overall declines of about 20 percent, dropping to around 19 million from the 24 million who were covered under the A.C.A. last year.