Average out-of-pocket costs for ObamaCare premiums expected to more than double: Report

A recent report from the Center on Budget and Policy Priorities reveals that if the enhanced premium tax credits for ObamaCare are not extended, average out-of-pocket premium payments could more than double, surpassing $1,000 annually. This significant increase in costs could place a heavy financial burden on many Americans, making healthcare less accessible and raising concerns about the future of affordable health insurance. As open enrollment approaches, this analysis highlights the urgent need for policy discussions around the sustainability of these credits.