Americans brace to start New Year without healthcare
More than 20 million Americans are preparing for steeper healthcare costs in the New Year because of expiring subsidies.
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The 47-year-old Texas mother had to make a difficult choice when she found out her monthly healthcare premium was increasing in 2026 from what she described as a manageable $630 (£467) to an unaffordable $2,400 (£1,781).
Her husband depends on an IV medication to treat a blood-clotting disease that costs $70,000 a month without insurance. Knowing their benefits would expire, the family stockpiled the drug to survive the first few months of the year.
"It would be like paying two mortgage payments," she said of the new monthly price for healthcare. "We can't pay $30,000 for insurance a year."
Ms Martin and her family are not the only ones facing this conundrum. Millions of Americans will see their healthcare bills skyrocket when these subsidies, which were provided through the Affordable Care Act (ACA), also known as Obamacare, expire.
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