LANSING — Medical providers are continuing to warn that expiring healthcare subsidies could ratchet up prices for consumers.
Michigan residents could see their rates rise in this year’s Affordable Care Act open enrollment period, which kicks off on Nov. 1.
In Michigan, enrollment in the ACA marketplace has more than doubled since 2020, now totaling over half a million.
Providers say that consumers should be prepared for a sticker shock once new rates are implemented.
Earlier this year, Michigan insurance providers requested an average 16% rate hike for their new plans.
Adding to the concerns are enhanced affordable care act subsidies, which save Michigan residents an average of $380 a month in premiums.
“I worry that many families will stop seeking the care that they need,” said Dr

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