Dropped your ACA insurance due to spiking premiums? You could qualify for a state subsidy this fall

About 200,000 Virginians will access new state funding to reduce Affordable Care Act insurance premiums by about 70%, starting November, following a $150 million budget allocation. This addresses coverage losses caused by federal subsidy expirations, which led to a 20% enrollment drop and 100,000 losing coverage. The program targets households earning 138%-250% of the federal poverty level. State officials are also planning additional affordability measures amid federal policy changes affecting Medicaid and SNAP.

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