Ohio health insurance to get much more costly without action to renew federal credits

Ohio residents are at risk of facing a “Death Spiral” without federal action to renew ACA healthcare subsidies. As costs skyrocket, healthy people who help keep costs lower in insurance pools are likely to opt out of having insurance, resulting in even higher costs for the most vulnerable.

Ohio Capital Journal

Ohio U.S. Sen. Jon Husted wants to “freeze” ACA insurance subsidies

A controversial element of the plan involved freezing the amount of federal spending on these subsidies. Critics noted this would likely lead to higher out-of-pocket costs for consumers as health-sector inflation rises, or result in some lower-income individuals being locked out of the program entirely.

Spectrum News 1 Cleveland

Health insurance premiums expected to increase

As the Senate allowed ACA subsidies to expire, over 600,000 Ohioans who get their healthcare through the ACA could see their premiums skyrocket by 13 to 17%. The increase in cost could force several people to not have health insurance at all.

The Ohio Newsroom

Medicaid cuts could have big consequences for rural hospitals

A new report from the Sheps Center for Health Services warns that 11 of Ohio's rural hospitals are highly vulnerable to closing or reducing services due to impending federal Medicaid cuts. The loss of these funds threatens to severely limit healthcare access for thousands of rural Ohioans.

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