Here’s What Happens Now That We’re Going Over the Obamacare Cliff

“I am choosing to take the brunt of the premium increase instead of changing my plan because I have been working with my specialists for over a year now,” she said. “The whole idea of ​​trying to find a new team, even if it would save me, I don’t know, $100, is crazy. »

Baggot currently pays $197 a month for health care. Starting in January, its same plan will cost $365. Enrolling in her husband’s health insurance through his job is not an option, she explained, because it would cost more than what she pays on the market. It also prevents her and her husband from thinking about starting a family. Baggot is grateful to have no employees; As a small business owner, your biggest expense will soon be the cost of your own healthcare.

The expiration of subsidies will also create significant uncertainty for currently unemployed registrants. Jeremy Koulish, a software developer who lost his job as a contractor with the U.S. Census Bureau in May and is active in his local chapter of the Working Families Party, is currently looking for work; if he has “a few irons in the fire”, his future is far from concrete. Koulish, who lives in Modina, New York, is currently enrolled in health insurance through the ACA Marketplace, but the cost of his current plan is expected to increase from less than $400 per month to $1,600 per month. Because he has no income, he has now signed up for Medicaid for the next year while he looks for a job.