Recently, W.H. Bagshaw, a metal parts manufacturer based in Hudson, N.H., found out that its health insurance policies with Anthem would increase approximately 38% in 2026. Anthem specifically cited the expiration of Affordable Care Act tax credits at the center of the current federal government shutdown.
The notice from the company’s insurance broker, which the company provided to the Bulletin, said Anthem is raising rates due to the “elimination of individual subsidies, and (a) resulting decline in individual market membership” as well as “higher-than-expected medical and pharmacy utilization.”
The ACA Enhanced Premium Tax Credits — which were established in 2021 as an upgrade to tax credits that were already available — subsidize health care for Americans who buy their coverage through the ACA Marketplace on HealthCare.gov. Nearly 50,000 people in…
