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Wyoming leads country with highest jump in ACA premium costs

State: Wyoming
Category: State News Roundup
Topic: Affordability , Medical Debt

Wyoming residents who buy health insurance through the Affordable Care Act marketplace are facing the highest premium increases in the nation as federal enhanced premium tax credits expire, reports WyoFile. For example, a 60‑year‑old Wyoming resident earning about $63,000 could see average monthly premiums jump 421%, far outpacing increases in neighboring states. Policy changes, a shrinking insurer market, and the loss of subsidies are prompting some residents to consider dropping coverage or switching plans, while advocates warn that dramatic cost spikes could push people into being uninsured or driving up future medical debt.