A new study warns Georgians could face significant increases in health insurance premiums. The study by KFF, formerly known as the Kaiser Family Foundation, shows Georgia residents may have one of the largest increases in healthcare costs on the Affordable Care Act exchange next year. U.S. Senator Jon Ossoff said the increase comes because of the Trump administration’s recent budget bill.
“I've warned consistently that this would be the outcome of the Trump budget bill, and here we see this projected 21% increase in health insurance premiums for Georgians, among the highest projected increases in the country. And I'm sounding the alarm. Congress has to act to fix this,” Sen. Ossoff said. “We're talking about for average families in Georgia, thousands of dollars more per year in health insurance premiums, with Georgia seeing some of the most significant increases in the country — 21% increase in health insurance premiums in a single year.”
Ossoff said if the ACA tax credits expire, over one million Georgians could see increased premiums.