About 3 million people have dropped Obamacare health coverage after subsidies expire and costs rise

About 3 million people have dropped Obamacare health coverage after subsidies expire and costs rise

Roughly 3 million people have let their Affordable Care Act coverage lapse, with a 13% drop in enrollment, as federal subsidies expired at the start of the year. While the Department of Health and Human Services cites a crackdown on fraudulent enrollments, experts argue that the higher costs without subsidies are the primary reason for the decline. This shift highlights the ongoing challenges in maintaining affordable healthcare access for millions, emphasizing the need for policy adjustments to keep premiums manageable.

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