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Millions Face Loss of Health Insurance
6 Feb
Summary
- Four million people may lose health insurance soon.
- Health insurance costs could double for many.
- Annual out-of-pocket expenses may rise by $1,000.
As of 2026-02-06T06:33:20+00:00, approximately four million people are at risk of losing their health insurance coverage. This significant number stems from the impending expiration of COVID-19 subsidies that have been supporting individuals' insurance plans.
The consequences of these subsidies ending are expected to be severe for affected individuals. Health insurance costs are projected to increase dramatically, with estimates suggesting an average rise of 114%. This could translate to an additional $1,000 in annual healthcare expenses for those who were previously benefiting from the subsidies, though the exact increase will vary based on individual income levels.
