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Millions Face Health Insurance Loss as ACA Subsidies Expire

10/5/2025

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New Mexico's Legislative Action

Millions could lose health insurance if the Affordable Care Act (ACA) subsidies expire.
About 4.2 million could lose coverage; premiums could rise from $888 to $1,904 in 2026.
Rural areas and early retirees would be hit hardest, with some premiums up over 300%.
New Mexico's Legislature passed a bipartisan bill to cover the subsidy gap, costing the state $17 million.

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Seniors Face Medicare Cuts

Millions of low-income seniors may miss Medicare assistance as enrollment remains suspended through 2034.
Poverty among seniors rose from 14.2% in 2023 to 15.0% in 2024.
Medicare Part B premiums may rise 11.6% next year, offsetting a 2.7% Social Security cost-of-living adjustment.
Ohio insurers seek 2.5%–42% increases for 2026 amid subsidy uncertainty, with 70% supporting renewal.

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New Mexico's Legislative Action

Millions could lose health insurance if the Affordable Care Act (ACA) subsidies expire.
About 4.2 million could lose coverage; premiums could rise from $888 to $1,904 in 2026.
Rural areas and early retirees would be hit hardest, with some premiums up over 300%.
New Mexico's Legislature passed a bipartisan bill to cover the subsidy gap, costing the state $17 million.

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