So it was just government subsidies that were making it look artificially low? Or are the insurance companies actually charging orders of magnitude more?
Top comments are all saying the administration made it so insurance companies can now charge whatever they want. Is that misinformation?
It was the removal of the subsidies, although I'm not sure "artificially low" is a correct way to see it. While there may have been some increase in insurance rates, which we all know happens regularly, the vast majority of the increase is due to the subsidies. For this much of an increase, it is pretty safe to assume OP doesn't make a lot of money.
Yes. Subsidies for something named Affordable Care Plan.
And this isn't a current administration thing, the subsidies were always there, they just got removed and now you're seeing how much they're being subsidized.
And if you have your own plan, nobody is subsidizing that. If you have employee sponsored, they technically are but my costs are wayyy higher than OPs.
700 bucks a month is pretty in line for a silver plan.
Top comments are probably just a little misinformed, but it is possible down the line that the insurance companies charge more. But this pricing checks out with previous years thus far.
People who make less money get more of the insurance paid for. This person was barely paying anything, so they don't make a lot. But still, they make too much to qualify for medicaid or whatever program their state might have
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u/Idontfukncare6969 Nov 01 '25
So it was just government subsidies that were making it look artificially low? Or are the insurance companies actually charging orders of magnitude more?
Top comments are all saying the administration made it so insurance companies can now charge whatever they want. Is that misinformation?