| New reporting shows Californians could see their health care premiums skyrocket if David Valadao and House Republicans refuse to negotiate ACA tax credits set to expire at the end of the year.
Analysis from nonpartisan KFF shows that Covered California premiums will increase an average of 97% statewide if tax credits expire – making California among the hardest hit by Valadao’s inaction.
In CA-22, a 60-year-old couple earning $85,000 on the “silver plan” could see their health insurance costs rise a staggering 301%.
This isn’t just numbers on a page. Families, older Californians, and workers across the Central Valley – and nationwide – will face higher out-of-pocket costs for doctor visits and prescriptions, forcing everyday people into making impossible financial choices.
And what is David Valadao doing? Signing another lip service letter.
DCCC Spokesperson Anna Elsasser:
“David Valadao and House Republicans are playing politics while Californians pay the price. Central Valley families deserve a representative who puts them first and protects their health care—not one who rips it away and lets premiums soar.”
Read more here:
The Sacramento Bee: How California health care premiums could skyrocket if shutdown continues
- Sixty years old, living as a couple in the Sacramento area or the Central Valley? Figuring your income next year will be about $85,000? The premium increases for that couple are likely to be among the nation’s steepest, if enhanced federal subsidies for people using Obamacare-inspired health insurance policies are allowed to expire at the end of the year, as is now planned.
- In many cases, those policyholders could pay three or four times what they are charged now.
- An analysis by KFF…looked at the anticipated premiums this couple would pay and found older people with higher incomes “would be hit the hardest.” Others up and down the age and income spectrum are also in for higher premium increases.
- Even if the enhanced subsidies survive into 2026, Covered California…estimates premiums will increase an average of 10.3% statewide. Without the credits…the increase should average about 97%.
- Overall…in the eight Sacramento area and Central Valley congressional districts, premium increases for…that couple would rank in the top half of percentage increases.
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