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Virginia health premiums may surge next year as federal subsidies expire, risking coverage for up to 30% of marketplace enrollees.
Health insurance premiums in Virginia could rise sharply next year as federal pandemic-era subsidies expire, potentially increasing costs by up to $834 monthly in Roanoke and $739 in Henrico County, threatening coverage for an estimated 25% to 30% of the 415,000 residents using the state’s marketplace.
Without congressional action, average premiums may increase by $96.09 monthly, with higher-income enrollees facing the largest hikes.
While Republican lawmakers in the House opposed extending the credits in a recent stopgap bill, some expressed interest in a temporary fix, though Democrats, including Senators Kaine and Warner, urge immediate action and reject delayed solutions.
The Senate now faces the challenge of passing a funding bill with an extension, requiring bipartisan support to overcome a filibuster, as open enrollment begins November 1 and insurers have already requested a 20.5% average premium increase.
Las primas de salud de Virginia podrían aumentar el próximo año a medida que expiren los subsidios federales, arriesgando la cobertura para hasta el 30% de los inscritos en el mercado.