Dropped your ACA insurance due to spiking premiums? You could qualify for a state subsidy this fall

Around 200,000 Virginians affected by rising ACA premiums might soon benefit from a new $150 million state subsidy program starting in November, which could slash their monthly insurance costs by up to 70%. This initiative follows approval by state lawmakers and Gov. Abigail Spanberger, aiming to help those who dropped their ACA insurance due to unaffordable rates. The move underscores the ongoing efforts to make healthcare more accessible and affordable, reflecting broader national concerns about the rising cost of insurance under the ACA.