Among the provisions included in the American Rescue Plan passed by Congress in 2021 was a program to increase the affordability of health insurance purchased through the individual market. The program reduces monthly premiums by providing subsidies for everyone enrolled in the individual market, including people whose higher incomes had previously made them ineligible for assistance.
However, the enhanced subsidies are only authorized through the end of 2022, and if Congress does not act soon, health insurance will become more expensive for all 66,000 Mainers currently using these subsidies, and up to 9,000 of those people could be forced to give up their insurance entirely.
Click here to share our full explainer post on Facebook.