El Paso, TX (KFOX14\/CBS4) \u2014 Enhanced Affordable Care Act subsidies, introduced during the COVID-19 pandemic as part of the 2021 American Rescue Plan, are set to expire on Dec. 31, leaving many individuals facing significantly higher insurance costs for 2026. <\/p>\n
Michelle Sanchez and Izabel Mancera, who recently updated their insurance plans, expressed concerns over the increased expenses. <\/p>\n
“I can’t, I can’t afford that. That’s way too much. It’s either that or eat,” Sanchez said. Mancera added, “We had to pick a plan with the higher deductible in it. I mean, it’s not covering anything. We’re going to end up having to pay everything out of pocket.”<\/p>\n
The expiration of these subsidies means higher premiums, copays, and medication costs for many.<\/p>\n
Harrison Parker reports on Affordable Care Act subsidies set to expire, leaving many with higher costs (Credit: KFOX14)<\/p>\n<\/p>\n
Sanchez noted that quotes for primary care providers range from $10 to $50, while specialists could cost between $35 and $100.<\/p>\n
Medications, previously free, now start at $15 to $50 for generic options.<\/p>\n
Paola Rodriguez, a health insurance broker, reported that 85% of her clients have seen costs rise, with 70% switching or dropping coverage. <\/p>\n
“Most people think that they don’t qualify for anything anymore, so that’s not the case. They still qualify for subsidies,” Rodriguez said. <\/p>\n
However, the coverage is not as comprehensive as before. A zero-premium plan now has a maximum out-of-pocket cost of $8,000, compared to $1,800 previously.<\/p>\n
As Congress debates the future of these subsidies, with a vote promised in December, President Trump has stated on social media that he will not extend them. <\/p>\n
Meanwhile, individuals like Mancera are making sacrifices to afford basic healthcare. <\/p>\n
“I mean trying to cut on every little thing that we can to accommodate. Or my husband having to work more hours myself having to work extra hours, mainly for us to be able to go to the doctor and be able to pay the out of pocket costs,” Mancera said.<\/p>\n