Ongoing government shutdown could impact healthcare of thousands of Washington residents
The ongoing government shutdown threatens the healthcare of nearly 217,000 Washington residents who depend on Affordable Care Act tax credits for insurance. Washington Health Benefit Exchange CEO Ingrid Ulrey cautioned that if these credits expire at the end of 2025, many will face significant premium increases. Rural residents, small business owners, and older adults not yet eligible for Medicare will be among the hardest hit. Democratic lawmakers are urging their Republican counterparts to negotiate a funding deal to extend these critical credits. Ulrey estimates that without action, approximately 80,000 individuals may drop their health insurance altogether due to skyrocketing costs.
Even before the credits expire, premiums are expected to continue rising until Congress resolves the issue. Open enrollment for the next coverage year begins on November 1 through the Washington Healthplanfinder, highlighting the urgency of the situation. The potential loss of these tax credits underscores the broader implications of the government shutdown on healthcare accessibility in the state.