Experts are warning that more than 500,000 Ohioans are poised to lose insurance subsidies starting next year. In many cases, the increased costs they’ll face will be so big that more than 100,000 will lose their coverage, they warn.
However, Ohio U.S. Sens. Jon Husted and Bernie Moreno, both Republicans, won’t say whether they’ll act to renew the program.
The subsidy is known as the “enhanced premium tax credit.” It was created during the coronavirus pandemic to make insurance purchased on the marketplace created by the Affordable Care Act more affordable.