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What happens if Obamacare subsidies expire?

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Consumers face higher costs for their 2026 ACA health coverage as Congress continues to debate whether to expand subsidies that help people pay their premiums. Margot Sanger-Katz, health policy reporter for The New York Times, explains why.

By Margot Sanger-Katz, Laura Bult, Claire Hogan, Zach Wood and Stephanie Swart

October 22, 2025

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