Georgia
Georgia to lose 33,600 jobs if health insurance subsidies expire, study says
Congress has shut down in a deadlock over whether to extend the pandemic-era federal subsidies.
Promotional materials for GeorgiaAccess.gov distributed at a Georgia Access launch event Friday, Nov. 1, 2024, near the Georgia Capitol. Georgia Access is the state-based exchange marketplace for the Affordable Care Act in Georgia. (Ariel Hart/AJC)
Georgia is expected to lose about 33,600 jobs next year if federal subsidies on the Affordable Care Act marketplace exchange expire, according to a new forecast.
The study was done by researchers at George Washington University and funded by the left-leaning Commonwealth Fund. The ACA, also known as Obamacare, is operated in this state as Georgia Access.
The “enhanced” subsidies, which were enacted by the Biden administration during the pandemic to help many Americans afford health insurance, are at the center of a federal government shutdown that is entering its third week. Health insurance premiums will rise for millions of Americans unless they are extended.
The new study shows that jobs would also be on the line.
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Ariel Hart is a reporter on health care issues. She works on the AJC’s health team and has reported on subjects including the Voting Rights Act and transportation.