HOUSTON – As open enrollment for healthcare coverage kicks off, Texans are facing significant increases in their insurance premiums.
The cause? The expiration of crucial tax credits within the Affordable Care Act (ACA), often referred to as Obamacare. These changes are leaving many with higher monthly costs, and for some, the choice to keep their healthcare plans is becoming a tough decision.
The Expiration of ACA Tax Credits
This past Monday, the Senate passed a spending plan that excluded an extension of the ACA tax credits that helped keep premiums affordable. For millions of Americans, especially in Texas, that means healthcare premiums are rising by an average of 35% or more.
Texas ACA insurers hike monthly premiums by 35% on average
Gerardo Ramirez, a Houston-based health insur

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