A new analysis published by the nonpartisan Center on Budget and Policy Priorities (CBPP) found that out-of-pocket premium payments will more than double if ObamaCare's enhanced premium tax credits expire.

According to the CBPP's projections, annual out-of-pocket premium payments would more than double, exceeding $1,000 on average if the credits aren't extended. Open enrollment for Affordable Care Act (ACA) Marketplace plans begins this Saturday.

"Since Congress has not acted sooner and many enrollees likely have already experienced sticker shock and decided not to enroll, it should also extend the open enrollment period (scheduled to end January 15 in most states) to give people more time to sign up," the CBPP said.

The analysis predicted "dramatic" premium spikes in states like Tennes

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