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'It couldn't come at a worse time': Vermont grapples with the potential end of Covid-era federal subsidies..."
https://vtdigger.org/2025/09/22/it-couldnt-come-at-a-worse-time-vermont-grapples-with-the-potential-end-of-covid-era-federal-subsidies-for-marketplace-health-insurance/‘It couldn’t come at a worse time’: Vermont grapples with the potential end of Covid-era federal subsidies for marketplace health insurance "
The almost 30,000 Vermonters who get health insurance through Vermont Health Connect stand to lose a collective $65 million without an extension from Congress. On average, premiums are set to double.
Almost 30,000 Vermonters are covered by health insurance purchased on the individual market of the state’s Affordable Care Act marketplace. Many can afford that coverage because of federal subsidies offered through the Affordable Care Act, which were then expanded during the Covid-19 pandemic.
But those enhanced subsidies are set to expire at the end of this year, and with it, those insured Vermonters stand to lose a collective $65 million if Congress does not extend those expanded tax credits soon.
“There would be the immediate and devastating impact on the families who rely on the Affordable Care Act, (and) there would be a ripple impact of higher rates with the cost shift on the rest of the insurance market,” Vermont Sen. Peter Welch said in an interview with VTDigger. “And it would come at a time when we in Vermont are absolutely overwhelmed with the price spikes in the cost of health care. It couldn’t come at a worse time.”
. . .
But those enhanced subsidies are set to expire at the end of this year, and with it, those insured Vermonters stand to lose a collective $65 million if Congress does not extend those expanded tax credits soon.
“There would be the immediate and devastating impact on the families who rely on the Affordable Care Act, (and) there would be a ripple impact of higher rates with the cost shift on the rest of the insurance market,” Vermont Sen. Peter Welch said in an interview with VTDigger. “And it would come at a time when we in Vermont are absolutely overwhelmed with the price spikes in the cost of health care. It couldn’t come at a worse time.”
. . .