One Utah woman who recently learned that her family’s Affordable Care Act plan would increase by over 300 percent next year, amounting to over $2,100 per month in premiums, described the increase as “devastating.” 

Millions of Americans on the ACA marketplace are now facing such bank-breaking health care costs after Republicans failed to renew pandemic-era extended insurance tax credits. Without these subsidies, premium payments are expected to more than double in 2026 — all while the country’s top insurers enjoy billions in profits and executive compensation packages.