Rising health insurance costs are set to hit Americans hard next month, with premiums for some reaching levels not seen in years. Whether through employer plans or Affordable Care Act coverage, many will face steeper expenses, while others may see higher out-of-pocket costs like deductibles and copays. Financial pressures are tightening as inflation and shifting healthcare dynamics force consumers to adjust their budgets. The changes reflect broader trends pushing insurance affordability to new lows for millions.
Americans are bracing to pay significantly more for health insurance next month, whether they have Affordable Care Act plans or get insurance through work. Premiums for some people could be the highest in decades, while others may pay more in the form of out-of-pocket costs like copays or deductibles. People are getting squeezed by...
