With critical federal subsidies set to expire at the end of the year, the cost of health insurance that is purchased through the Affordable Care Act marketplace is about to explode — in many cases, doubling or tripling what people have been paying.
But the folks who’ll get hit with those mammoth increases aren’t living in poverty — at least, not as the federal government defines it. Instead, they are among the millions and millions of Americans who earn “too much” to qualify for Medicaid, yet nowhere near enough to cover the sky-high cost of health care on their own.
