As a result of lost coverage or premium spikes, U.S. Sen. Richard Blumenthal said many people will wind up in emergency rooms, which would drive up costs for everyone.

By Karla Ciaglo, CTNewsJunkie.com 

Thousands of Connecticut residents could see their health insurance become unaffordable on Jan. 1 if enhanced Affordable Care Act subsidies expire at the end of the year, Connecticut’s U.S. senators and state officials warned Friday. The lapse would trigger steep premium spikes, widespread coverage losses and long-term strain on the health system, they said.

The subsidies, expanded during the COVID-19 pandemic and extended through 2025, are set to lapse at midnight Dec. 31 unless Congress acts. Access Health CT CEO James Michel said subsidized households would face an average annual premium increase of about $6,200, though many families are receiving renewal notices showing much higher hikes.

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