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Officials warn thousands could lose coverage after federal premium-tax-credit changes
Summary
The state exchange reported about 290,000 enrollment selections at the end of open enrollment and an estimated 40,000 mitigated coverage losses; staff warned an additional 30% enrollment drop (about 90,000 people) could occur if federal changes are not mitigated.
Leah Veil Marshall, delegate for the Exchange, told the board that open enrollment concluded with roughly 290,000 customers selecting coverage and that state and carrier mitigation efforts cut a projected larger loss to an estimated 40,000 net losses to date.
Marshall said the expiration of enhanced premium tax credits drove substantial premium increases for many consumers and that some groups were hit…
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