It’s open enrollment time- when you can sign up for or change your health insurance. The main takeaway this year – expect higher premiums- for both public and private plans. National Health Reporter Erin Billups takes a look at what’s behind the ever-rising cost of healthcare.

What is looming big right now in the health care world are the enhanced premium tax credits, set to expire December 31. They are subsidies that led to much greater insurance enrollment – more than double pre-pandemic participation – because it made Affordable Care Act plans much cheaper.

“What the enhanced subsidy did was, got rid of that subsidy cliff for individuals who make 400% of the Federal poverty level and beyond by capping the amount that they pay to eight and a half percent of their income,” said Nichola

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